Link does look ok, but not as good as many other coins. If we hold the blue level, we will pump towards the next bullish targets. Breaking it will mean a dump to the green levels.
The current chart shows the most important Fibonacci targets. Grey: Resistance/support, decisive prices. A dump/pump can happen at these levels, but is not a main target Red: Main target to take profits or potentially enter shorts Green: Buy or rebounce expected
Red box: resitance are, mainly caused by the 1.618-1.65 fib level Green box: Support level, mainly 0.618-0.65 fib