LINK/USD Daily Analysis.

Price action currently in a bull channel with a bearish ascending triangle and double top forming with the move to 4.00$ to 3.90$ if it breaks to the downside. If the price breaks to the upside look for the move to jump to 5.50$ to 6.00$

I fully expect the bottom trend channel and 50 day EMA to hold up.

However, we all know BTC is looking like a significant drop could be coming to the 6,500 to 7,500 level and in that case look for LINK to fall with it to around 3.00$ to 2.50$