ChainLink
Long
Updated

ChainLink may have bottomed out here at the 21 week EMA

396
Using the 3 indicators shown Chainlink may have bottom out at the 21 week EMA (Blue Line), it is oversold on the STOCH RSI and appears to have bottom on the MACD. It may take more time to consolidate before going higher but may be a good time to pickup some shares on the cheep. If it breaks below the 21 week EMA expect further down side with strong support at the 5.00 level.
Trade closed: target reached
Looking like LINK may be forming a bottom with new buyers scooping up cheep shares.
Note
Breakout right on time. Enjoy the bull ride link marines

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