Chainlink - resistance and support areas
Chainlink potentially signaling a small pull back due to rejection of pink trendline. When price spikes through a resistance line, then falls back beneath it, and finds resistance back at the same line, it is usually the signal of a drop. Watching the two shaded support areas below, and the one at the top if we are able to break through the pink line where the red arrow is. Long term bullish. Short term slightly bearish.
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Penafian
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