- Chainlink holds above $14 with a strong pattern and now moves past $19 as the arc signals a trend shift.
- The chart confirms a double bottom and breakout that align with arc levels from past turning points since 2021.
- Next projected target sits near $28 as the arc angle points toward a higher level with growing interest in LINK.
Chainlink (LINK) has officially broken above its long-term Gann arc resistance, pushing the price past $19 with renewed bullish strength. The breakout on the weekly chart aligns with a potential double bottom reversal structure forming above the $14 zone. This movement suggests a directional shift as price action now enters an upward arc path.
On July 21, 2025, analyst Cantonese Cat shared a weekly LINK/USD chart that highlighted the successful break of a Gann resistance arc. The move marks the first sustained breakout of the curved resistance since LINK’s 2021 top. According to the chart, LINK now trades at $19.327 with volume increasing across recent sessions.
The chart also shows historical Gann curvature aligning closely with major reversal points from 2019 to 2024. This consistency in arc reaction levels suggests that LINK has completed a full cycle and is preparing for the next upward phase.
Weekly Chart Signals Long-Term Trend Shift
The LINK weekly chart reveals a multi-year arc system plotted using Gann-based geometry with orange and blue radial lines. These arcs reflect time and price intersections where strong reversals or breakouts often occur. The current breakout intersects above a long-standing green arc near $18.
Since mid-2022, LINK had repeatedly failed to sustain closes above this Gann arc. The recent move now shows price breaking the curve with rising momentum, marking a possible long-term trend reversal. Volume across the past three weekly candles has shown steady growth, adding further confirmation.
Technical formations now include a visible double bottom pattern with troughs near $13 and a neckline close to $18. This structure supports a bullish continuation with the next arc resistance plotted near the $28 level. LINK remains above all major curve intersections heading into Q3 2025.
Double Bottom Pattern Confirms $14 Support
The chart outlines a double bottom formation, with two symmetrical lows forming between January and June 2025. This pattern often signals strong accumulation and a reversal of prior downtrends. The neckline of the pattern coincides with the arc breakout point, further strengthening the signal.
Support around $14 has held for over six months, acting as a base for the current bullish drive. The reaction at this level has been historically consistent with key bounces since 2021. Each touch of the lower curve has triggered sharp upside moves, validating the area as strong technical support.
If this pattern plays out, measured moves from the base to the neckline project targets around the $23 to $28 zone. The vertical line drawn on the chart confirms this trajectory as it aligns with the upcoming arc band overhead.
Gann Arc Breakout Gains Community Attention
Cantonese Cat’s chart post has reached over 120K views on social media platform X as of July 21, 2025. Traders in the replies showed strong interest in the arc analysis, with multiple confirmations of long entries. Followers expressed optimism over LINK’s breakout and praised the consistent accuracy of arc-based setups.
The thread saw over 170 retweets and hundreds of likes within 13 hours. Responses suggest that traders are closely watching Gann arc movements to time their LINK positions moving forward.
As LINK moves beyond $19 and holds the breakout, traders now track the next arc zone near $28. Gann-based setups remain a widely followed tool for timing long-term crypto trend changes.
