It seems that we have an upward channelized trend on the #ChainLink 🔹 chart . Currently, the ceiling of the RSI negative divergence channel has also been issued.

If the pattern bottom supports the price again, the price will rise to $ 20.0.
If the price breaks out of the pattern, it will drop to the support level of $ 15.10-16.0. This level is a strong demand area, so the probability of the price returning to this level is high.

The support area of $ 17.5 is still preserved.
Provided that this support area and the upward trend line are maintained, there is a high possibility of forming an upward trend similar to the drawn upward scenario.

in case of breaking the upward trend line and losing the support range of $ 17.5. The downside scenario is more likely. https://encrypted-tbn0.gstatic.com/images?q=tbn:ANd9GcScyAKD7L7jinoVDM0ACeohSeUdZBLlLkW0fg&s

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