The analyst discusses Chainlink (LINKUSDT) on August 17th, noting its price at around $26. He reviews a previous bearish head and shoulders pattern, invalidated above $23. A lack of volume accompanied the upward move. Resistance is anticipated between the 0.786 and 0.886 Fibonacci retracement levels, expecting price to fall to $24.20 or $20.17. The analyst indicates potential pullbacks to $24.20 or $20.17 if Bitcoin or Ethereum experiences a downturn. The analyst notes Chainlink is in a bullish 'W' formation, anticipating a move toward a target of $42.00 - $52.00 by the end of September, with continued movement up. On the hourly timeframe, MACD and RSI are bullish.