Chainlink Breaks Out From Bearish Structure But
Chainlink
Chainlink (LINK) has been gaining attention in the cryptocurrency space after breaking out of a long-standing bearish trend. On Ma, the altcoin surged
Will Chainlink's (LINK) Price Continue Correcting in April? - CCN.com
Chainlink breaks out from bearish structure, but
Chainlink also broke down from
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Chainlink also broke down from a short-term ascending support trend line (dashed), losing its bullish structure. Another sign of a bearish trend is the upward movement
Identifying critical support and resistance
Identifying critical support and resistance levels, Chainlink is currently on a bearish path, heading toward the $12.44 support level. If the price breaks and closes below
Chainlink Price Loses Key SupportIs $6 Next After 376M LINK
Examining why Chainlink's breakout fizzled out right
Over the weekend
Over the weekend, Chainlink’s price broke out of the upper trendline of the falling wedge and validated the bullish breakout. Amid the breakout, CCN observed that the
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The critical ascending support line
The critical ascending support line which Chainlink price broke down recently indicated that its previous bullish trend could have transitioned towards a full bearish season.