Technical analysis by StockScaper about Symbol LINK: Buy recommendation (5/8/2025)

I'm not a short term trader, but Chainlink has potentially finished a 3 wave correction at the previously monthly open + 1:1 trend based fib extension @ $13.54. Additionally, Chainlink is holding the 50 Daily Moving Orange in Orange for the 1st time as support since late March. As stated in previous cryptocurrency posts, things are getting really spicy and interesting in crypto!Next important pivots for Chainlink to break is at $15.99 and the 1.618 white trend based fib extension at $18.56.