LINK topped in the 9.236-9.618 zone as expected. The retrace thus far seems typical for an Alt coin. ChainLink has fared better than most Alts recently.
Plotted are some possible Support zones to watch. It is currently hovering above a damaged Support. Momentum indicates at least one more drop coming.
131x-132x is likely tested, Super Bullish if bounces there. 118x-120x should be very strong support for a long entry. 1091-1095 would be risky but with high reward potential.
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See some of my other Charts and Trade calls below. I also plot Forex and some Stocks, check my profile page.
Of course, I have had total FAILS on some ideas too, not going to pretend. But all of my plots show PRECISE entries, TIGHT stops, and EXACT targets. Precision is the way of the Fib. Almost every turn happens at a Fib Line.
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Nota
Nice, a sudden drop below the support was unlikely to hold. shows bulls' stops were there and got tripped. This could actually be a sign of it preparing to go up. Watching closely.
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