The currency pair Chainlink/Tether (LINK/USDT) goes from the ascending trendline down.
A bearish movement down to the next support at is considered certain.
Caution: A possible change in the direction of resistance at 23.040000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish chart scenario. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 24.370000000 |
| 2nd High | 24.310000000 |
| Next High | 23.040000000 |
| Current Price | 22.230000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
23.040000000 – 24.310000000 – 24.370000000 – 21.840000000 – 21.510000000 – 23.230000000 — 41.348228294409 – 39.183625722673
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – – Rising Wedge Chart Pattern – –