#MarketRebound I was about to call it quits for today but several people requested an analysis for LINK, so here it is.

Oh, by the way, I like Chainlink also and tend to publish many updates. Just lately I was out but now I am back healthy and with full force.

There are two main dynamics playing out on this chart that are of interest to us:

1) A perfect falling wedge pattern. This pattern is a classic reversal signal and one of the most accurate. It simply works.

2) A long-term support/accumulation zone. The falling wedge is enough to predict a reversal, but the action just entered the late 2024 buy zone and long-term support. This makes it even stronger.