Link took a tumble out of the ascending wedge a few weeks ago. Inside of that wedge is a bearish 3 drive and this tumble out of the wedge is forming a bullish 3 drive. These next couple of days we should see link make a run if BTC continues to go sideways. IF BTC drops so will chainlink. Lets see how this plays out. Should get interesting.
S&P is in a 10 year long Bullish Thomas Bullkowski Bump and Run Reversal Pattern! (BARR Pattern)
This is a very powerful Bullish pattern and nothing will break that purple trend channel, except maybe a terrorist attack.
Check out the link below.
Looks like the price action is headed for the green area of support and resistance for dead cat bounce number 2. Let's see if it makes it. If it breaks the purple uptrend than back down the price action goes and we will be ranging for a while at 6500 the low to 7800.