ChainLink dropped some % due to BTC correction, but resistance line which was formed by 2 and now 3 points is holding strong. I would be bearish on LINK if we would fall below that line, but since we are above it, I'm still waiting for that big "Triangle Formation" to break eventually. Then ChainLink can gain some serious $ as this project is still great and have huge potential.
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In my analysis I'm using Fibonacci Levels, Elliott Wave principles, Support and Resistance lines, Candle Patterns and formations, like Head and Shoulders or Triangles (latter more often than the former).
DISCLAIMER
I’m not a certified financial advisor nor a certified financial analyst nor an economist nor an accountant nor a lawyer. The contents posted by me are for informational and entertainment purposes only. Don follow any analysis blindly, and make your own decisions. Always plan your trades and play with stop-loss.
If You like my charts, You can follow me on Steemit or Twitter.
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In my analysis I'm using Fibonacci Levels, Elliott Wave principles, Support and Resistance lines, Candle Patterns and formations, like Head and Shoulders or Triangles (latter more often than the former).
DISCLAIMER
I’m not a certified financial advisor nor a certified financial analyst nor an economist nor an accountant nor a lawyer. The contents posted by me are for informational and entertainment purposes only. Don follow any analysis blindly, and make your own decisions. Always plan your trades and play with stop-loss.
If You like my charts, You can follow me on Steemit or Twitter.