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#LINKUSDT Elliott Wave Analysis on the 1-Hour Time Frame
Continuous rebound 📈
🧐 It appears that the downward impulsive wave has ended, confirmed by a break above a key level associated with this wave, as well as a break above the upper boundary of the final channel.
Forecasts 🚀
1. Price rebound through wave A/W.
2. A slight corrective wave representing wave B/X.
3. A subsequent impulsive movement through wave C/Y.
4. Price reaching the 50% - 61.8% correction zone.
✨ It is essential to closely monitor these movements to reinforce the bullish outlook and achieve the expected targets, as a break above the previous high supports further upward movement in the near term.
#LINK #Chainlink
$LINK