The Trust Layer for Market Analysts

The video provides a technical analysis for LINKUSD. The speaker notes sideways action on the LINK chart, following Bitcoin's rise. The analysis indicates LINK is struggling, correlated with Bitcoin dominance. A micro-level ascending price channel is identified with approximately three touchpoints on each side, suggesting an eventual downward break. The speaker mentions they think LINK needs another push to confirm a five-wave pattern to the upside, while the support area is between $21.42 and $22.46. The upward movement from September 25, labelled as wave one, has been a three-wave move. The presenter also mentioned that they didn't break any key swing high with the actual price at 22.32 and they are still below a trend line that is around $23.56. A typical flat correction (A wave down, B wave up, C wave down) can extend over the weekend and any break below $21.42 would mean a Wave 2 correction.