Moreover a ‘Double top retreat up’ chart pattern is detected. The chart shows ‘Double top retreat up’. which is a positive pattern signal. The currency pair is likely to go up.
The combination Chainlink/Tether (LINK/USDT) goes from the bearish trendline upwards
An ascent upwards to the next resistance line at 14.29 will continue.
Caution: A possible reversal of the trend in the direction of the support level at 7.9 could occur.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 16.02 |
| 2nd High | 14.54 |
| Next High | 14.29 |
| Current Price | 13.460000000 |
| Next Low | 7.9 |
| 2nd Low | |
| 3rd Low |
14.29 – 14.54 – 14.34 – 13.4 – 13.85 – 13.58 — 35.315977205958 – 44.437085412878 — 19.923425986477 – 37.172261775534 – 18.181223141215 – 25.360982648756
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – – Double top retreat up – –