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Chainlink: How LINK traders can use this to remain profitable

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Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice.Chainlink’s [LINK] previous descending triangle setup rekindled the selling edge as the alt fell below its 4-hour EMA ribbons.

As a result, the altcoin plunged to test the $6.1-zone before marking admirable growth over the past week.As the bulls encouraged LINK’s position above the EMA ribbons, the outlook for the alt took a bullish flip.

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