Additionally a ‘Double top chart pattern’ chart layout is existing. The chart picture forms ‘Double top chart pattern’. which is a negative chart scenario. The pair is likely to go down.
The currency pair Chainlink/Tether (LINK/USDT) jumps from the descending trendline down.
A continuation of the downward movement down to the next support at 0 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance level at 0 is within the realm of possibility.
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 | 10.500000000 |
| Next Low | 0 |
| 2nd Low | 0 |
| 3rd Low | 0 |
11 – 12.19 – 12.06 – 10.51 – 10.62 – 11.69 —
10.840000000 – 10.580000000 —
43.197400180736 – 31.513274550267 —
– —
11.00000 – 1769799600
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – – Double top chart pattern – –