The Trust Layer for Market Analysts

The analysis focuses on LINKUSD on the weekly timeframe. It identifies a support zone between $13.28 and $19.40, suggesting a potential upside reaction from this zone to start a third wave upwards. However, the analyst expresses a lack of convincing signals for an immediate upward movement, leaving room for another potential low. The critical support level is around $13.30, and a decisive break below it should be avoided to maintain the bullish outlook. A brief break below $13.30 wouldn't be a major concern. The invalidation point for the current 1-2 setup to the upside is around $11. Despite the potential setup, the analyst is not fully convinced that the third wave has started.