@morecryptoonline

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Avg. Quality

71

Success Rate

32.12

Analysis

2634
Correct
846
Fail
1736
Pending
52
Ineffective
0
Total Quality
Score
If You Had Traded on This Analysis…
Correct
LINKUSDT
Long Entry 21.4700 2025-09-29 18:42 UTC
Target 23.5400 In 1 Weeks Fail 19.8100
Risk/Reward 1 : 1
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Final PnL
9.64%
P/L:
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LINKUSDT
Correct
Cryptocurrency
Technical
1H
Analysis Predict Range Market
The analysis identifies an ongoing potential wave 2 correction for LINKUSD, aligning with seasonality indicators that suggest a pullback. Bitcoin dominance push started in September. The price continues to work on the correction, a wider wave 4 remains possible, and only a break above $22.22 would act as the first indication that a low has formed in wave 2. A broader wave 4 is currently playing out as a three-wave move, and is running into resistance. To confirm a bottom formation a higher low needed. 22.22 USD is an important level to break in 5 waves. Strong structural resistance at the trend line coming in at 24 USD. The analysis concludes that the price action is still corrective and not impulsive, with the earliest indication of a breakout being above $22.22; a break below $20.40 would likely lead to a fifth wave downside. Next support levels would be in the 19 USD range.
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