Chainlink
Long
Updated

Break Incoming

309
If we break upwards this was just some healthy consolidation, and we could very easily see another big leg up. I'd expect some resistance in the $3.12-.16 and $3.25-.33 areas. I don't have any hard price targets as I'll be playing this mostly by watching the Moving Averages.
Note
Talk about timing
Note
Seems to be flirting with the upper trend line and trying to hold it. I would have rather had a clean breakout, but I'm not overly concerned short-term unless we come down and break $2.94/.95

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.