LINK/USDT – 1H – SELLThe pair Chainlink/Tether (LINK/USDT) moves from the descending trendline downwards
A continuation of the downtrend down to the next support at 13.62 is certain.
Caution: A possible change in the direction of the resistance line at 13.9 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish chart signal. The currency pair could go down.
In addition a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. which could be a negative signal. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 14.4 |
| 2nd High | 14.22 |
| Next High | 13.9 |
| Current Price | 12.850000000 |
| Next Low | 13.62 |
| 2nd Low | 13.43 |
| 3rd Low | 12.93 |
13.9 – 14.22 – 14.4 – 13.62 – 13.43 – 13.56 — 25.969369358885 – 16.892445572592 — 47.491638795987 – 24.931590148981 – 51.991486774095 – 45.088003783656
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – – Double top chart pattern – –