ChainLink - No Signs of Weakness Yet

We appear to be consolidating well above rising support line (white) and previous ATH sat value.

I expect to tighten here, resetting that daily RSI then another leg up before mainnet release on May 30.

Note

I've been seeing some pretty large buy orders pushing the price down under the rising support line (white) which seems to have be acting as the main psychological support. If we fail to break back above I'll be looking to fib levels for retracements.

Note

This is the rebound I will be looking to play. There is some nice confluence between the 0.50 and a strong horizontal support line. I'll be laddering in from the 0.50 to the 0.618 and looking to ride it up to possibly 14.5k sat.

JackaMacca

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