A decent start and it has the potential to be an interesting type of TD with this style and the fact that you're using LoZ, but will need some work and much more development.
A more structured and developed tower system, upgrades for Link, and general info (tower stats, range, speed, etc.).
Use what you have, the arrows and bombs, otherwise no point in having them on the screen.
A manner in which to gain health back as it can be lost both, by touching and by passing enemies.
Perhaps a shop could be of some use or a pause feature.