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More Crypto Online25 Aug 2025, 15:16 UTC
AI-generated source summary
The analyst discusses a potential internal sell-off in LINKUSD, tracking a B-wave low formed on August 15th, which leads to an upside reversal potential. The analysis uses Elliott Wave Theory, and considers an overshooting B-wave, leading to a C-wave decline. The analyst expects a deeper wave two correction, showing a micro five-wave move down, a three-wave bounce, and resistance holding downside pressure. The primary outlook remains bearish, predicting a continuation of the C-wave decline, potentially testing previous swing lows around $24.15 to $23.50, followed by a corrective bounce in wave four and another decline in wave five. Key support is anticipated in the $22.31 to $23.70 range. A break above yesterday's swing high near $26.60 would invalidate the bearish outlook.
AI-generated summary based on the source content.
Evidence and evaluation progress
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The analyst published the original source item.
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The first evaluable outcome in this case reached a terminal result.
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- Market predictions extracted
1 eligible signal linked to this case.
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Signals in this source
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