The pair Chainlink/Tether (LINK/USDT) moves from the ascending trendline down.
A descending movement downwards to the next support line at 8.45 is likely expected.
Caution: A possible change in the direction of the resistance zone at 9.02 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘StochRSI %K line crosses below %D line’ indicator signal is discovered. The indicator is ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart signal. The currency pair could go down.
Besides a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. this is usually a bearish signal. The currency pair could go down.
Correction of the major bearish trend halted around the Fibonacci 1-Level.Continuation of the current descending trend is likely expected. Current target is 8.87662 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the support level at 9.02 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 9.9 |
| 2nd High | 9.05 |
| Next High | 9.02 |
| Current Price | 8.940000000 |
| Next Low | 8.45 |
| 2nd Low | 8.35 |
| 3rd Low | 8.17 |
9.02 – 9 – 8.95 – 8.45 – 8.35 – 8.52 —
8.920000000 – 8.990000000 —
55.82318218681 – 64.97359020094 —
– —
9.02 – 1771624800
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – – Symmetrical Triangle Chart Pattern – –