Technical analysis by exprwebdev about Symbol LINK: Buy recommendation (8/20/2025)

My Elliott Wave analysis of Chainlink (LINK) suggests we're in a powerful major third wave. This is typically the most explosive part of a market trend, marked by strong upward momentum. Rationale: The price has completed a corrective wave 2 and is now extending into wave 3. This indicates strong buying pressure and a potential move to new highs. Invalidation Point: My bullish thesis is invalidated if LINK closes below $10.809. This level is critical. A break below it would suggest a different, more bearish, wave count is in play. Strategy: I'm looking to be long on LINK, targeting significant upside. Always manage your risk with a stop-loss order below the invalidation point. Disclaimer: This is for educational purposes and is not financial advice. Trade at your own risk.