OTM.Investments

Chainlink Touches Major Structural High.. (Resistance)

COINBASE:LINKUSD   Chainlink
Cryptocurrency chainlink has had Magnificent performance running ahead while leaving most cryptocurrencies behind with stable movement.

On the 3 day chart we can see that we are hitting a high resistance level based off the previous to major structures.

Based off the bottom green support level we have a lot of room for a major selloff retracement.

The ema dots indicator is currently green and the 3 day candle is currently green with the rsi in overbought territory. These are still positive indicator wise , but like stated we are sitting on major Resistance for chainlink.

Drop down to a daily chart and look for a lower low breach for a short position. Buyers beware.
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