The analysis focuses on LINKUSD. The analyst is not yet convinced that Chainlink has formed the lows, and a further downside is expected. Resistance lies between $15.06 and $16.76. The market needs to break above to be more positive on upside. A bearish scenario includes wave 1, wave 2, and then a downward move. The 78.6% retracement at $13.30 is the last reliable support for wave 2. Key support to watch is $13.30 since August. A move above $16.76 is needed in five waves, and a better signal would be above $17.65, but further downside is expected. If $13.30 breaks, the support zone lies between $6.90 and $10.72, with additional support at $8.94.