Chainlink /U.S. Dollar (LINKUSD) Crypto Price News Today Elliott Wave Analysis By Tradinglounge
Jul 18, 2025•Channel
AI Analysis
Data from YouTube Data API v3•Updated Just now
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Published10 months ago
Duration0:52
Video ID--BfCURqSW4
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Description
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LINKUSD Daily Chart – Elliott Wave Count
Elliott Wave Analysis | TradingLounge
FUNCTION: Trend
MODE: Motive
STRUCTURE: Impulse
POSITION: Wave (3) of ((1))
DIRECTION: Uptrend continuation
Details:
Wave I concluded at 17.965 USD
Wave II completed at 10.87 USD
The market is now in wave (3) of III
Wave (3) has a 1.618 Fibonacci extension target of 18.94 USD
The next significant resistance lies at 20.00–22.00 USD
Trading Strategies
✅ For Swing Traders:
If the price remains within the upward channel and stays above 13.50 USD, the uptrend remains valid.
A strong wave (3) may propel the price beyond the 2000 Fib Extension level.
🟥 Invalid Scenario (W.C. Invalid):
If price drops below 13.50 USD, this impulse wave count becomes invalid.
LINKUSD 4H Chart – Elliott Wave Count
Elliott Wave Analysis | TradingLounge
FUNCTION: Trend
MODE: Motive
STRUCTURE: Impulse
POSITION: Wave (3) of ((1))
DIRECTION: Uptrend continuation
Details:
Wave I finished at 17.965 USD
Wave II ended at 10.87 USD
The market is currently developing wave (3) of III
1.618 Fibonacci extension target for wave (3): 18.94 USD
Psychological resistance area: 20.00–22.00 USD
Trading Strategies
✅ For Swing Traders:
As long as price remains above the invalidation level of 13.50 USD, the uptrend remains in place.
A strong wave (3) move can push prices towards the 2000 Fib extension zone.
🟥 Invalid Scenario (W.C. Invalid):
A price move below 13.50 USD would invalidate the current impulse wave structure.
Analyst: Kittiampon Somboonsod, CEWA
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