Applications of VANETs (Vehicular Ad hoc Networks) have their own requirements and challenges in wireless communication technology. Although regarded as the first standard for VANETs, IEEE 802.11p is still in the field-trial stage. Recently, LTE V2X (Long-Term Evolution Vehicular to X) appeared as a systematic V2X solution based on TD-LTE (Time Division Long-Term Evolution) 4G. It is regarded as ... [Show full abstract] the most powerful competitor to 802.11p. We conduct link level simulations of LTE V2X and DSRC (Dedicated Short-Range Communication) for several different types of scenarios. Simulation results show that LTE V2X can achieve the same BLER (Block Error Ratio) with a lower SNR (Signal Noise Ratio) than DSRC. A more reliable link can be guaranteed by LTE V2X, which can achieve the same BLER with lower receiving power than DSRC. The coverage area of LTE V2X is larger than that of DSRC.