Break out or Break Down for Chainlink
Updated
Testing support @ $10.45 could possibly see a Break out to retest $12. Either way looks bearish as both current positions are a bearish triple top @ $10 or $12 If no further progress is made.past the $12 previous high.
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On the Daily chart , chainlink looks primed to test $15 before a retrace back to $12Note
Trade closed: target reached
Looking to Clear and hold support above $10.57 to confirm this is bottom. If not we can expect a retest at our current positions if not $6. Fingers crossed. Good luck everyone. Buy now !! Just my opinion HAPPY MONDAY!!!Note
Can we officially call this bottom on the weekly RSI?I'm ready for the breakout any day now!!!
Trade active
$6.50 if it hold is officially the bottom. May have a drop to $5.30 area. Expect a slow and steady incline over the weekend. Looking to test support @ $8 then $12. Major resistance @ $15. next high before retracing would be $18. Just my opinion.Note
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