This video provides a professional Elliott Wave and technical analysis of Chainlink (LINK), focusing on market structure, major support and resistance zones, and the potential setup for the next impulsive move. The aim is to give viewers a clear, educational understanding of LINK’s current price beh
1 extracted signal · 1 resolved · 0 still active
More Crypto Online26 Dec 2025, 10:00 UTC
AI-generated source summary
The analysis of Chainlink (LINK) begins on a 30-minute chart, observing attempts at an upside reversal from a support zone between $11.85 and $12.11. The current bounce is noted as lacking sufficient momentum to break out of the immediate local range. For a confirmed bullish third wave, a decisive move above the $12.95 level is required. The critical invalidation point for this short-term bullish thesis is established at the December low of approximately $11.73, which was formed on the 18th of December. On a larger, daily timeframe, LINK appears to be in a fourth-wave correction, potentially preceding a final fifth wave down. Key long-term support levels are identified at $10.72 (50% Fibonacci retracement) and $8.94 (61.8% Fibonacci retracement). A breakdown below $10.72 could lead to a retest of the $8.94 level. Despite the potential for a larger ABC structure extending towards targets in the $15.085 to $16.65 range, market activity is anticipated to remain subdued due to year-end low trading volume, suggesting that significant upward breakouts are unlikely in the immediate short term. Further conclusive evidence of an ascending C-wave impulse is awaited.
AI-generated summary based on the source content.
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