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.

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The support and demand level of $0.1600-$0.1500 surprisingly supported the price and gave it a tremendous bounce.

the price of #KLAY 🚩 after reaching this level, first broke the downward trend line and then grew by more than 50% and reached the resistance and supply level of $0.2600-$0.2700. At this level, most of the buyers, who were mostly short-term and medium-term buyers, started selling after earning profit, and the price decreased.

It is possible to re-support the price in the $0.210-$0.2170 area, but it's not the main support level.
If this level is broken, the price may return to the main support level