The pair Chainlink/Tether (LINK/USDT) moves from the bearish trendline down.
A continuation of the bearish trend downwards to the next support line at 9.02 is considered certain.
Caution: A possible counter-trend in the direction of the resistance zone at 9.9 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘StochRSI %K line crosses below %D line’ indicator layout is detected. The indicator shows ‘StochRSI %K line crosses below %D line’. which is often a bearish chart signal. The pair is likely to go down.
Additionally a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. which could be a negative signal. The pair is likely to go down.
Additionally a ‘Two Crows’ candlestick chart pattern is existing. The chart shows ‘Two Crows’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 11 |
| 2nd High | 10.04 |
| Next High | 9.9 |
| Current Price | 8.950000000 |
| Next Low | 9.02 |
| 2nd Low | 8.97 |
| 3rd Low | 7.9 |
9.9 – 10.04 – 11 – 9.02 – 9.08 – 9.02 —
9.310000000 – 9.270000000 —
37.628172092858 – 44.548784795629 —
– —
9.9 – 1770152400
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Two Crows – – –