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Chainlink: Effects of this pattern’s break on LINK’s technicals could be…

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ambcrypto.com

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice.Although its early June rally bagged in decent gains, the bears quickly regained control of the near-term trend.

Thus, Chainlink [LINK] has been consolidated in the $5.45-$7.36 range for nearly three weeks now.With the price falling below 200 EMA (green), sellers have ensured a long-term bearish outlook.

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