@morecryptoonline

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Avg. Quality

71

Success Rate

32.13

Analysis

2627
Correct
844
Fail
1722
Pending
59
Ineffective
0
Total Quality
Score
If You Had Traded on This Analysis…
Correct
LINKUSDT
Short Entry 13.6500 2025-11-16 19:27 UTC
Target 13.3000 In 23 Hours Fail 14.6900
Risk/Reward 1 : 0
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Final PnL
2.56%
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LINKUSDT
Correct
Cryptocurrency
Technical
1H
Analysis Predict Bear Market
The analysis focuses on Chainlink (LINKUSD). It explains that LINK is expected to dip further. A potential broader B wave bounce could test resistance between $15.50 and $16.75. Currently consolidating around swing lows from November 4th, having broken below October 10th lows. The bounce lacks strength, it's uncertain if it's the fourth wave with a potential low in the third at $13.30, which acts as a Fibonacci support. Another low in wave five is expected, giving a five-wave decline in wave C, targeting $13.30. A break below $13.30 will make the 1-2 setup less likely. Breaking the yellow trendline is the first indication of a low, with a break above $16.75 as a better indicator, followed by $17.65. A five-wave move up needs confirmation.
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