ChainLink about to break resistance

In the LINK/USD weekly chart we can see that ChainLink is about to break the resistance at the 5$ price level (yellow line). If this is not the case, it might reverse down to the 3$ level (support line) and retest the 5$ level one more time in a few weeks. In the worst case scenario, ChainLink might retest the 1.7$ level (strong support line in yellow) but this scenario is unlikely to happen. At the moment, Chainlink is looking bullish in the short and long term.