The pair Chainlink/Tether (LINK/USDT) moves from the bearish trendline downwards
A continuation of the downtrend down to the next support at 9.07 will persist.
Caution: A possible reversal of the trend in the direction of the resistance line at 9.33 could be enabled.
Consider stop-loss settings accordingly.
Furthermore a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. In der Regel bedeutet das ein negatives chart signal. Das Paar tendiert eventuell nach unten.
Furthermore a ” indicator layout is detected. The indicator shows ”. In der Regel bedeutet das ein negatives chart signal. Das Paar tendiert eventuell nach unten.
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Furthermore a ‘StochOSC Hidden Bearish Divergence’ indicator layout is detected. The indicator shows ‘StochOSC Hidden Bearish Divergence’. In der Regel bedeutet das ein negatives chart signal. Das Paar tendiert eventuell nach unten.
Furthermore a ‘Support Level’ indicator signal is detected. The indicator shows ‘Support Level’. which is often a bearish signal. The pair is likely to go down.
Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend will persist. Current target is 8.90656 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of support at 9.33 could be enabled.
Consider stop-loss settings accordingly.
Furthermore a ‘Falling Window’ candle chart pattern is discovered. The candles form ‘Falling Window’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Falling Window’ going down is 67% (Bull Market) and 73% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 9.64 |
| 2nd High | 9.49 |
| Next High | 9.33 |
| Current Price | 8.760000000 |
| Next Low | 9.07 |
| 2nd Low | 8.68 |
| 3rd Low | 8.56 |
9.33 – 9.49 – 9.64 – 9.07 – 9.18 – 8.68 —
9.230000000 – 9.240000000 —
43.605111845864 – 46.847949280945 —
– —
9.33 – 1772744400
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Falling Window – – –