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Brother-Doug

Break out or Break Down for Chainlink

Brother-Doug Updated   
BINANCEUS:LINKUSD   None
Trend Analysis Chart Patterns Wave Analysis chainlink trippletop breakout breakdown headandshouldersformation LINK forcast
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trendanalysis chartpattern waveanalysis chainlink trippletop breakout breakdown headandshouldersformation link forcast
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 $12
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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!!!
Comment:
Can we officially call this bottom on the weekly RSI?
I'm ready for the breakout any day now!!!

snapshot
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.
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