Furthermore a ‘Double top chart pattern’ chart formation is found. The chart picture shows ‘Double top chart pattern’. which is a negative chart scenario. The pair is likely to go down.
The currency pair Chainlink/Tether (LINK/USDT) goes from the ascending trendline downwards
The bearish trend downwards to the next support at 12.75 is certain.
Caution: A possible trend reversal in the direction of resistance at 13.55 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. which could be a negative chart scenario. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 14 |
| 2nd High | 13.57 |
| Next High | 13.55 |
| Current Price | 13.110000000 |
| Next Low | 12.75 |
| 2nd Low | 12.55 |
| 3rd Low | 12.3 |
13.55 – 13.54 – 13.57 – 13.14 – 13.23 – 12.75 — 45.00294601551 – 41.18915616273 — 18.242695463242 – 18.185945455135 – 10.112310968425 – 15.592199846505
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – – Double top chart pattern – –