Chainlink prices are running in the upward channel since June 10. LNKUSD went into correction on July 21 forming a downward wedge. Coin prices have made two lows and two highs inside the wedge indicating they are ready for a breakthrough. It would be better to wait for a breakthrough at 7.4490-7.5635 to open consider opening long positions with a target at 8.8000, which is the highs of April. Stop-loss could be set slightly below 7.0000, the low of the first week of August.