Is CHAINLINK about to break upwards?


A rather simple chart but what do you make of this? LINKUSD pattern since June 2019 resembles the consolidation of May 2018 – April 2019.

This consolidation pattern aggressively broke upwards (along with the majority of cryptos) to form the June top. The key here is the 0.382 Fibonacci. As long as it holds, I believe there are chances for LINK to break upwards in the same manner.

What do you think?

** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. **

Tradingview  link:

Add a comment