LINK/USDT – 30M – SELLThe currency pair Chainlink/Tether (LINK/USDT) jumps from the bearish trendline downwards
A continuation of the bearish trend downwards to the next support at 12.640000000 will persist.
Caution: A possible change in the direction of the resistance line at 14.580000000 should always be considered.
Consider stop-loss settings accordingly.
In addition a ‘Support Level’ indicator signal is detected. The indicator is ‘Support Level’. this is usually a bearish signal. The pair is likely to go down.
Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend will persist. Current target is 14.05 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the support level at 14.580000000 should always be considered.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 15.930000000 |
| 2nd High | 15.660000000 |
| Next High | 14.580000000 |
| Current Price | 13.440000000 |
| Next Low | 12.640000000 |
| 2nd Low | 12.520000000 |
| 3rd Low | 12.430000000 |
14.580000000 – 15.660000000 – 15.520000000 – 14.050000000 – 15.070000000 – 15.130000000