Chainlink has broke below a 3 year support line and also had a bearish retest of said line. If this level isnt regained, I would look for a drop to the $8 region to buy and accumulate. That would be roughly an 84% drop from the ATH and around 48% more to go down. A similar correction in Bitcoin at 48% from current levels is 20k. that would retest the old ATH and...
Chainlink has been working inside of this channel for a few years. If we turn that blue support into a resistance, we could see a wick down to the bottom of this channel. A drop of around 84% from the top. Last time we hit that support was March 12th of last year.
Ford has been making some moves to gain momentum in the EV market. After a very long correction and accumulation, Ford finds its stock at a long term resistance. If that yellow resistance line breaks, Fords stock will be off and running and poised for a huge 2021. DYOR
