The Trust Layer for Market Analysts

The analysis focuses on Chainlink (LINKUSD) using Elliott Wave theory and Fibonacci retracement levels to identify potential market movements. The market is at a decision point between going down to 12.14 and 13.30 to complete a Z-wave correction or reacting to these levels. Resistance is between 15.50 and 16.75. A break above 16.75, which is the last swing high, would indicate a potential bottom, confirmed by breaking the trend line. Until upside momentum, there's no evidence bulls are leading. The analyst gives all levels for support and resistance to watch. There are key levels at 12.14 and 13.30, with resistance at 15.50 and 16.75, which need to be broken for upward movement.