LINK/USDT – 30M – SELLThere is also a ‘Rising Wedge Chart Pattern’ chart layout is found. The chart picture shows ‘Rising Wedge Chart Pattern’. this is a bearish chart scenario. The pair is likely to go down.
The currency pair Chainlink/Tether (LINK/USDT) moves from the ascending trendline downwards
The bearish trend downwards to the next support line at 12.12 is expected.
Caution: A possible reversal of the trend in the direction of resistance at 12.5 should always be considered.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 13.01 |
| 2nd High | 12.66 |
| Next High | 12.5 |
| Current Price | 12.230000000 |
| Next Low | 12.12 |
| 2nd Low | 12.04 |
| 3rd Low | 11.89 |
12.5 – 12.41 – 12.66 – 12.12 – 12.04 – 12.17 — 49.445822631622 – 47.81504457994 — 42.090182476248 – 29.316653856809 – 51.303998618773 – 40.483587086234
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – – Rising Wedge Chart Pattern – –