@ImpossibleAnalysis

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Avg. Quality

69

Success Rate

19.87

Analysis

302
Correct
60
Fail
196
Pending
46
Ineffective
0
Total Quality
Score
If You Had Traded on This Analysis…
Correct
LINKUSDT
Short Entry 10.4100 2026-05-09 17:44 UTC
Target 7.7250 In 3 Months Fail 12.6650
Risk/Reward 1 : 1
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Final PnL
25.79%
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LINKUSDT
Correct
Cryptocurrency
Technical
1H
Analysis Predict Bear Market
Chainlink has been in a bear market since May 2021. The price is currently testing the 0.382 Fibonacci retracement level at $8.716. A break below this level could signal a move down to the 0.236 Fibonacci retracement level at $7.725. A break above $12.665 would invalidate the bearish outlook and suggest a move higher. The 1.272 Fibonacci extension is at $40.41, and the 1.414 Fibonacci extension is at $46.65. The previous all-time high was around $53.00.
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