After the little crash Chainlink did break a strong support which ones was a resistance and just became that now again. If market will stay in this triangle and break the resistance, we could see some nice move up and it could break out of it. No financial advice. Corrections are welcome. Have a nice day!
If it will follow the triangle and don’t break the support zone ( the lines from the triangle can shown be as support and resistance too), This might be the way it will move. If it will move down out of the triangle, next support zone will be at around 6.6$ No financial advice. Corrections are welcome. Have a nice day!
If support stay strong and the market may leave the channel, I see ZIL can go up first to its next resistance zone. If it will break the support, it may stay in the downtrend channel and could aim for the next support zone or even go lower. No financial advice. Corrections are welcome. Have a nice day!