Chainlink is one of the assets in crypto that shows strength.
Check the weekly chart and you'll see that the RSI has only broken below 40 once and that is in the most bearish period of the 2018 Crypto winter.
With that being said, LINK is currently trading below the EMA ribbon on the weekly. A choppy ride for days and weeks is only logical at this point,...
Bitcoin saw a sweet bull flag breakout get rejected on the daily horizon. The Bullish target would have pumped Bitcoin all the way to 58k-62k with a 56% increase (560% profit at 10x Leverage).
However, a rejection confirmation here can send us back down to hell (not as bad as it sounds though "local hell") but this isn't a bad thing!
For traders out there...
Hey there crypto community,
Bitcoin has been riding a wonderful Bullish wave since that huge dump back in March and it doesn't end here. Some traders were calling 42k a blowoff top but that is not true as you can see in this chart.
Bitcoin saw a nice break out of this Bull Flag consolidation and looks set to ride that trajectory to the 58k target. The best...
