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LINKUSDT
Long Entry 16.4400 2025-08-06 07:07 UTC
Target 205.4100 Fail 11.0000
Risk/Reward 1 : 35
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LINKUSDT
Pending
Cryptocurrency
Technical
1H
Analysis Predict Bull Market
The analysis focuses on Chainlink (LINKUSD). The analyst identifies key levels dating back to 2019, highlighting support and resistance areas. The price consolidated on top of premium highs from 2019-2020. A fair value gap took 680 days to be resatiated. Post breakout from the compression structure, a backtest occurred. The analyst identifies the 4.236 Fibonacci extension level, showing an approximately 11x opportunity to a target of $205.41. The failure price is 11.00, which marks a higher low.
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