Chainlink , Where do we go from here????

Updated

Holding resistance as support @ $12 range. If this fails, It is possible to hit $7-$8 for support. Currently sitting at the bottom of the right shoulder. Could we have a nice W pattern setup? Can we recover to $30? Watch the current positioning, if this drops below $12.50 we can grab our scuba gear!!!

Trade closed: target reached

$12.50 Hit, hope it sticks its landing. Good luck, set your stop loss now just in case we go Diving to $8

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$13 is now our psychological resistance level to break. Moving past $15 is the next hurdle. Watch out for a retest and break down to $11 range if we can't push past $13.30 area.

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Triple top on 1hr. Chart, good idea to set ur stop loss around $12.50 incase it dives

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Previous highs on the daily in the red box looks too similar to where we are now. Just an observation.
Could likely drop given the bearish market.

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Currently sitting in the last 1/3 of descending wedge, watch for possible fakeout to the upside. Looks like we may be heading south

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That was our fakeout if you were watching. Look for a Quick wick to $10 area. Grab it at the bottom if you can.,...good luck!!

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PROCEED WITH CAUTION!

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#CHAINLINK

Struggling inside the box. Chainlinks futurex is determined by the RSI north or south of the center of this HASHTAG

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41.43 on the RSI DETERMINS NORTH OR SOUTH FOR CHAINLINK

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NAILED IT!!!!

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Onward and upward, must close and hold support above $12.77 to confirm uptrend.

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This is the 4hr RSI TIME FRAME, sorry , I seriously thought we hit bottom

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UPDATE TO NEXT DROP SINCE BOTTOM WASNT CONFIRMED PREVIOUSLY

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IDK, MIGHT JUST SELL NOW AND WAIT TILL END OF MAY, POSSIBLY JUNE.
HIGHS $15 LOW $8.

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Here comes the $10 dip !!! Grab it while you can!!!

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Did you catch it? One for opportunity next week....

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Possible support found @.382 fib. Looking to test $14.35 for support. If $10.95 doesn't hold we could possibly see $6 area.

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A solid hold above $12.15 puts us back in a probable uptrend. A drop below confirms a retest of previous low hitting $10 or below.

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Sorry guys it's 1 pm cst, mis -counted the time frame. Here's the drop possible $9

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Double bottom on Daily Chart, it's a weekend so expect slow momentum upward..looks promising when the market opens on monday. Expect a hight of $9 -$11 before retest of $8

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Next pump incoming, retesting $9 for support. Possible long opportunity $13-14

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Perfect buy opportunity, double bottom present on 4Hr chart.

Brother-Doug

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