Technical analysis by vs_sayin about Symbol LINK: Sell recommendation (5/29/2025)
https://sahmeto.com/message/3563163

vs_sayin
Rank: 240
Analytical Power:
3.3

In my previous analysis, I presented two different perspectives on LINK.On lower timeframes, LINK completed its 5-wave impulsive structure, but in doing so, it invalidated the macro reversed Head and Shoulders pattern—rendering it no longer valid.Currently, LINK has entered a classic A-B-C corrective phase, signaling temporary market weakness. If the price drops below the key S&R zone (highlighted in pink), I expect a swift move down towards the $13.45 level.This target coincides with a well-defined demand zone, adding further confluence to the short thesis.📉 Outlook: Favorable for short positions upon confirmation of breakdown.— Thanks for reading.Take the half profit here.Headshot.
Translated from: English
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Signal Type: Sell
Time Frame:
4 hoursPrice at Publish Time:
$15.07