LINK/USDT – 30M – SELLThe pair Chainlink/Tether (LINK/USDT) moves from the bearish trendline down.
A continuation of the downward movement downwards to the next support line at 22.090000000 is considered certain.
Caution: A possible trend reversal in the direction of resistance at 23.530000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish signal. The currency pair could go down.
Additionally a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. which is often a bearish chart scenario. The currency pair could go down.
Additionally a ‘Matching Low’ candle chart pattern is detected. The chart forms ‘Matching Low’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Matching Low’ heading up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 24.060000000 |
| 2nd High | 23.870000000 |
| Next High | 23.530000000 |
| Current Price | 23.190000000 |
| Next Low | 22.090000000 |
| 2nd Low | 21.390000000 |
| 3rd Low | 21.360000000 |
23.530000000 – 23.870000000 – 24.060000000 – 22.090000000 – 22.710000000 – 23.550000000 — 52.912194618674 – 52.285401200394
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Matching Low – – –