Chainlink to 110%

Positive technical indicators:

• Above 50 (retested) + 200 EMA
  
• Golden cross formation
  
• Bullish flag pattern potentially developing
  

Further confirmation points:

• Increased trading volume
  
• Price holding support above $16
  

As with all crypto, volatile and rapid price swings are expected. If $16-18 range won't hold, I see a possibility of price dropping to $10, to confirm 200 EMA as support, before moving higher again.