The Trust Layer for Market Analysts

The analysis focuses on LINKUSDT, suggesting a potential bullish move after a consolidation phase. The current price is observed around $13.05. The analyst identifies a potential ABCDE wave pattern, with the current price potentially forming wave 4 of a larger structure. A bullish outlook is proposed, targeting approximately $16.01 (the 123.60% Fibonacci extension level). The invalidation level for this bullish scenario is set below $12.90, which aligns with the previous low and the lower trend line. A break below $12.90 would suggest a more complex structure or a continued bearish trend, potentially leading to a triangle pattern instead of an impulse wave.