In the recent analysis, we see that Ethereum forming a simetric triangle, but broke down, but now, pay attention how the strong support work and this key support line work too. I see that this it's a same movement what Ethereum may to form.
Historical Data:
1. Chainlink up in the past from $20 to $35 approximately.'
2. Then, Chainlink down to $24 approximately in the past
3. Chainlink up a little until $29 approximately and during this period formed a simetric triangle.
4. Then, Chainlink break down this chartist pattern and drop to the exactly key support at $24.70 USD. If you see, we form 2 thing, a key support line and a strong support at $24.70 USD. And we see that in 3 ocassion, Chainlink form a strong support, but in tha 4 occasion, Chainlink made validation that form a bullish setup and up and break up the resistance of $35 USD and continue down that we know.
Guys, in my summary, that it's an exactly same movement what Ethereum may to do. And that historical data and analyze in your own opinion, you can to get a better analyzis. For that, I create it like a tutorial to review and compare this movement with Ethereum when Chainlink made in the past. That it's so exaclty and same movement that Chainlink do and now, Ethereum may to repeat this movement. I share the Ethereum last analysis for you to review and check out it.