Close but no Cigar for Chainlink!!

Updated

Looks to good to be true, but this is just another failed attempt to try and break resistance @ $11.50. If and when it fails we will see $9 inevitably. But on the upside that would be our final destination. Good luck! Just my opinion

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$13.70 area anticipated for next top. If it hold we created a tripple bottom Bullish setup. Watch out for another Bullish Shakeout. We need to hold above $13.20 to sustain a Bullish uptrend. Otherwise we're looking at $9

Trade active

Next resistance possibly @ 11.66 if that fails to hold we are headed to $10-$9.40 possibly

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At this point official bottom looks to be at $9.41-$9.07. Look for a retest around $11.50 before it makes it final drop.

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Anticipated price/Chart projection

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*UPDATE*
IF CHAINLINK IS ABLE TO MAINTAIN SUPPORT ABOVE $10.50 BY MAY 9TH WE CAN POSSIBLY BE IN THE CLEAR AND THAT WOULD BE OUR OFFICIAL BOTTOM. AT WHICH POINT WE CAN LOOK FOR A PREVIOUS HIGH OF $18 LONG TERM.

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Double top forming / finishing on 4 hour chart. Possible bottom $9 or breakout to retest $12

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Just as projected, bottom incoming, $9,40.

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Who was able to snag the 30 second grab bag of Link @ $6??

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Weekly bottom not done!. Expect a wick to touch $4.80 area. Before the weekly close.
I highlighted the projected support and resistance levels for the upcoming week. Obviously things can change.

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Possible wick to $4.38 incoming between now and end of day tomorrow 19:00 cst

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Brother-Doug

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