Are the Bulls and Long Term Investors waiting to pounce on that $8.00 single digit price or will we move out of this Bear and head back to $15.00? In either case, we don’t think those prices will hold for very long. Single digit LINK, $8.00-$9.00, gets gobbled up real fast and moving back but past the $15.00 price is a sign for the next Bull…?

We are still Bearish on Chainlink, LINK . The excitement was back, in late March with the Three BUY signals, but the Three SELL signals arrived in April and we have gone down even further since. The ($15.50) Support Line didn’t hold nor did the Daily Downtrend Line. No reason for us to use any USD or BTC in a LINK trade right now. We will see if the $11.00 range holds Support or breaks down to the $8.00 range. Not Financial Advice…Trade with Confidence and Control.