Chainlink - is going to break through this channel 😧😧

4 авг. 2021 г.

The chain has been moving locally in an uptrend channel for a fortnight. At the same time, bitcoin has already broken through the uptrend structure a couple of days ago and is moving downwards. Generally, all altcoins correlate with bitcoin, sometimes with a delay, but in the end, 90% follow the main cryptocurrency.
In addition, we see the highs decrease and the price shrinks near the lower boundary, which is a signal for a breakdown and a fall.

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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade