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Score
If You Had Traded on This Analysis…
Correct
LINKUSDT
Long Entry 22.6000 2025-08-10 07:00 UTC
Target 23.3150 In 2 Days Fail 12.7020
Risk/Reward 1 : 0
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Final PnL
3.16%
P/L:
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LINKUSDT
Correct
Cryptocurrency
Technical
1H
Analysis Predict Bull Market
The analysis focuses on Link/USD pair. It identifies a potential five-wave move up from the August low, with three waves already completed. The analysis anticipates resistance around the $23 level. The analyst suggests a potential wave four pullback may occur early next week, ideally remaining a sideways consolidation, emphasizing that as long as pullbacks remain corrective three-wave movements and support is maintained. The critical support area for a broader wave two pullback is between $12.702 and $16.896; breaking below this may invalidate the predicted uptrend. The $22.30 level has already been reached and the analyst thinks there will be an increased potential for a wave 4 pullback, however, there must be a higher low and a higher high.
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