There is a significant chance for a retracement to retest at least the red 21 EMA (also where the gray DVI line on the 3hrly is at) at about 0.0013 BTC.
More short-term bearish movement expected if this red 21 EMA on the 3 hrly that have been acting as support during the recent short-term bull run since 2nd Aug failed to hold (see chart above).
Price may then go further down to revisit the gray DVI line on the daily at 0.00108 BTC.
PRISM ANALYSIS
pRSI's STOCHs indicator flashes red (i.e. overbought)
AJ-Ribbon (Acceleration/Jerk) on a downward trajectory being pulled down by the Snap-Oscillator (yellow/pink) that already plunged sharply into the negative. Hence, expecting momentum to fall significantly within the next couple of days.
CYBER CHANNEL ANALYSIS Price have already reached the D level(i.e. the 7-8 Stdev level), indicating over exuberance within too short a period of time, and needs to cool down -- either by a retracement, or through time (i.e. sideways/stagnation), or a bit of both; before further upside can continue in a healthy manner.
LOL. Btw, it is just a signal generator base on a large ensemble of optimized technical indicators. When it signaled a "sell", it merely indicates collective signs of market weakness.
TA is more of a game of statistics, and no indicator gives 100 % confluence with trends, and need to interpreted in conjunction with other types of indicators, trend-lines, patterns, analysed over multiple time frames, and coupled with proper risk management to extract maximum net profit over multiple trades over time.
Here, LINK did attempt to pump a bit further, but wasn't able to sustain the parabolic rise anymore at this point, and eventually dropped down to hit the target specified and fortunately got supported by it so far (with bullish wicks) -- indicating that LINK still have underlying strength.
Seemed like it will need to just take a break to consolidate first, potentially seeking for a healthy retrace. However, I do believe that LINK still do have the potential to go even higher after a period of accumulative consolidation.. but I will need to continue to monitor it's chart to be sure.