@morecryptoonline
YouTube
Avg. Quality
71
Success Rate
32.16
Analysis
1956
Correct
629
Fail
1288
Pending
39
Ineffective
0
Total Quality
Score
If You Had Traded on This Analysis…
Fail
LINKUSDT
Long Entry
12.5700
2025-12-19
21:24 UTC
Target
17.3800
Fail
11.9500
In 1 Months
Risk/Reward
1 : 8
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Final PnL
-4.93%
P/L: —
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The analysis suggests Chainlink (LINK) is potentially in a corrective ABC pattern, possibly an expanded flat or a running flat, with the potential for a final leg down (wave E) to test the support zone between $10.70 and $11.96. A decisive break above the downtrend channel or resistance at $14.02 would invalidate the bearish outlook and signal a potential reversal. The immediate price action suggests a short-term bounce, but the longer-term trend remains downward until key resistance levels are broken.