The currency pair Chainlink/Tether (LINK/USDT) moves from the ascending trendline downwards
A descent down to the next support line at 11.8 is likely expected.
Caution: A possible change in the direction of the resistance level at 13.9 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘MACD crosses below signal’ indicator layout is discovered. The indicator is ‘MACD crosses below signal’. which is often a bearish signal. The pair is likely to go down.
Also there is a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. this is usually a bearish chart signal. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 14.93 |
| 2nd High | 14.4 |
| Next High | 13.9 |
| Current Price | 11.640000000 |
| Next Low | 11.8 |
| 2nd Low | 11.74 |
| 3rd Low | 11.61 |
13.9 – 14.4 – 13.03 – 11.8 – 11.89 – 13.43 —
12.010000000 – 11.900000000 —
40.071872018716 – 37.831626239026 —
– —
13.90000 – 1768665600
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – – Symmetrical Triangle Chart Pattern – –