The Trust Layer for Market Analysts

The video provides a technical analysis of LINKUSD on the 1-hour timeframe, focusing on a correction that began in August. The market is following lower lows and lower highs, staying below critical trend lines. No trend reversal to the upside is confirmed, maintaining downward pressure. The analysis notes a moderate downtrend between August and early October which has intensified slightly recently. Structures have become choppy since mid-November, with a recent five-wave decline from November 12, labeled as waves 1, 2, 3, 4 and 5. It’s mentioned this five wave decline occurred in the C wave. The key area that needs to be broken, including the yellow trend line, to indicate that the bulls are taking the lead is 13.98 - 14.50. The video indicates three waves up are observed; for a possible trend change there should be another wave higher. Analysis says to wait for the five up and three down move before confirming the change in the trend.