LINK broke previous ATH and has created new fib levels that will hit after a minor pullback.
Chainlink on the Daily Time frame
Taking a look at the daily timeframe, LINK is having a hard time trying to make higher highs after wicking the 0.618 Fib level. From here, I can see LINK consolidating in the $21 - $24 range before moving up. It is very volatile right now after making higher highs earlier in the month.
Is there a reason you put the fib extension on that high/low instead of the more recent high/low? Is it because that is the one that broke out above the previous all time high?
kyer
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@WhiskeyDeltaBravo, Yeah the reason is because the one that I marked is the swing high / was the local high at the time that broke out above the previous all time high created in the summer