ShillBill1987

ShillBill1987

Same situation as for LINK; Trying to break out of ascending triangle with retest of 0.236 resistance with a possible 50% break-out to the 0.382 Fib level around 16k sats. Important to note that it is trading on a year+ supportline that is very unlikely to break + the fundamentals are good.

ShillBill1987

Matter of time before ChainLink breaks out the ascending triangle. One more retest probably at 0.5, and then take a breather for a big move up.

ShillBill1987 Updated 

After such an amazing day today we will take a small breather and load up again on the neckline before we make a move up tryin to break the 4500-4600 resistance. Perfectly healthy since we don't wanna be worn out. 4500-4600 range definitely takes some ammo to break.

ShillBill1987 Updated 

We're sitting at a tiny support now created earlier in the weekend. Hopefully we have some ammo left for a break out to 4300. If not the best we may hope is finding support around 3900.

ShillBill1987

Some very nice Inverted Hammers across the chart, which is perfect to break the bearish resistance. With the bears looking weak we're in a good spot to break and find previous support at the 4400 mark.

ShillBill1987

I think we will test the 4600 mark again and force ourselves an bearish exit towards the the original channel. In the worst case scenario we will drop below 4000 and hit a previous back from aug/sept 2017 around 3900.

ShillBill1987

Breaking out of this falling wedge which such low volume is dangerous, bears may be confident to do their work.