Also there is a ‘Double bottom retreat down’ chart pattern is existing. The chart picture shows ‘Double bottom retreat down’. which is a negative pattern signal. The currency pair is likely to fall.
The combination Chainlink/Tether (LINK/USDT) goes from the ascending trendline down.
A bearish movement downwards to the next support at 0 will continue.
Caution: A possible counter-trend in the direction of the resistance zone at 0 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 0 |
| 2nd High | 0 |
| Next High | 0 |
| Current Price | 12.950000000 |
| Next Low | 0 |
| 2nd Low | 0 |
| 3rd Low | 0 |
13.22 – 13.55 – 13.54 – 12.91 – 12.98 – 13.04 — 56.552604046152 – 36.671599326623 — 64.402956421578 – 42.46336468932 – 70.184107729518 – 58.853266781852
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – – Double bottom retreat down – –