Obviously when asshats like elon tweet and the retail rats go scurrying to animal coins? Thing get a little dicey for crypto in general. However, $LINK is still respecting the hell out of these pitchfork levels that I've been posting for the past few months.
- 4hr bull flag breakout and retest happening as we speak. If it can close this 4 hour candle above that upper flag line? I think we're back on track to test the upper blue 1.0 deviation on the pitchfork.
- In a more bearish / realistic scenario? I think we might get one more shakeout to test that 0.5 green dotted pitchfork prong that has been acting as support for quite a while now. Too much leveraged traders = rinse them out.
- Worst case scenario? BTC doesn't behave and we grind slowly down towards that big red median around the 35 dollar mark. There's massive support there and that PA would be completely fine in this bullish macro structure.
- 4hr bull flag breakout and retest happening as we speak. If it can close this 4 hour candle above that upper flag line? I think we're back on track to test the upper blue 1.0 deviation on the pitchfork.
- In a more bearish / realistic scenario? I think we might get one more shakeout to test that 0.5 green dotted pitchfork prong that has been acting as support for quite a while now. Too much leveraged traders = rinse them out.
- Worst case scenario? BTC doesn't behave and we grind slowly down towards that big red median around the 35 dollar mark. There's massive support there and that PA would be completely fine in this bullish macro structure.
