The pair Chainlink/Tether (LINK/USDT) jumps from the ascending trendline down.
The bearish trend downwards to the next support at 24.160000000 is expected.
Caution: A possible counter-trend in the direction of the resistance zone at 25.640000000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 26.620000000 |
| 2nd High | 26.030000000 |
| Next High | 25.640000000 |
| Current Price | 24.830000000 |
| Next Low | 24.160000000 |
| 2nd Low | 23.310000000 |
| 3rd Low | 23.200000000 |
25.640000000 – 24.800000000 – 23.930000000 – 24.160000000 – 23.310000000 – 23.200000000 — 47.556386319337 – 46.906670748301
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – – Triple bottom chart pattern – –