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 Online18 Jan 2026, 21:43 UTC
AI-generated source summary
The analysis focuses on Chainlink (LINKUSD) within a 1-hour timeframe, employing Elliott Wave theory and Fibonacci retracement/extension levels. The market is currently reacting to a micro support area spanning $12.85 to $13.43. Maintaining price above $12.85 is critical for the continuation of the anticipated fifth wave. A decisive break below $12.85 would negate the current Wave 4 interpretation and diminish the probability of further upside movement. The long-term C-wave initiated around December 18th is still being tracked as an ending diagonal pattern. The current price action is viewed as a corrective pullback within this structure, likely forming Wave 4. The ideal target for the C-wave is identified at the 100% Fibonacci extension level, equating to $15.08. Should the price breach this micro support, subsequent support levels at approximately $12.00, $11.70, and $11.34 are identified, which could prompt short-term buyer intervention. A observed three-wave decline suggests the corrective nature of the current movement. A bounce from the 38.2% retracement at $13.43 is considered an ideal completion for the fourth wave. The first strong indication of the fifth wave's unfolding and a potential move towards $15.08 would be a breakout above $14.20.
AI-generated summary based on the source content.
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