$LINK #chainlink : Price has responded well to the previously identified micro support zone between $14.05 and $14.34 and we are now moving higher. The next resistance is at $15.61, but ideally I would like to see the inside wave 5 of wave C of wave 3 extend further into the $16.64 to $17.30 range.
For now, the focus is on higher prices as long as the market holds above Thursday's low at $14.12. A break below this level would mean a local top has formed a little earlier than expected.