Moreover a ‘Double top chart pattern’ chart layout is discovered. The chart picture shows ‘Double top chart pattern’. which is a bearish chart scenario. The currency pair is likely to fall.
The combination Chainlink/Tether (LINK/USDT) goes from the descending trendline downwards
A continuation of the bearish trend downwards to the next support level at 13.12 will persist.
Caution: A possible trend reversal in the direction of the resistance level at 13.56 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart scenario. The currency pair is likely to fall.
Moreover a ‘Support Level’ indicator signal is detected. The indicator is ‘Support Level’. this is usually a bearish chart signal. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 14.29 |
| 2nd High | 14 |
| Next High | 13.56 |
| Current Price | 13.020000000 |
| Next Low | 13.12 |
| 2nd Low | 13.06 |
| 3rd Low | 7.9 |
13.56 – 14 – 13.6 – 13.12 – 13.29 – 13.06 — 40.728253331594 – 32.306379182582 — 34.805866445589 – 34.805866445589 – 26.106737044629 – 29.715823480258
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – – Double top chart pattern – –