The Trust Layer for Market Analysts

The analysis focuses on LINKUSD using a weekly chart. The price is capped by a yellow trendline around $27-$28, which is acting as a dynamic resistance. The next focus is $31, a previous swing high, then $36, another swing high. The ideal target is $47.461. The Fibonacci support area between $13.30 and $19.37 must hold for the upside scenario to remain valid. A pullback should form a wave 2. Shorter timeframe charts are used to analyze micro counts. The B wave that was tracked over the past few days has continued. Resistance has been reached, there is no clear long trade setup, and it is concluded that the uptrend could be a B wave bounce. A break below $23.32 would indicate a possible top has been formed.