#LINKUSDT Elliott Wave Analysis on the Hourly Time Frame
Continuous Recovery 📈
🧐 It seems that the downward impulse wave has ended, which has been confirmed by breaking through a key level associated with this wave, in addition to breaking the upper limit of the final channel.
Forecasts 🚀
1. Price recovery through wave A/W.
2. A minor corrective wave representing wave B/X.
3. A subsequent impulsive movement through wave C/Y.
4. Price reaching a correction area of 50% - 61.8%.
✨ It is essential to closely monitor these movements to bolster the bullish outlook and achieve the expected targets, as breaking above the previous high supports further upward movement in the near term.
$LINK
LINKUSDT
Perp
9.602
+0.20%