Moreover a ‘Rising Wedge Chart Pattern’ chart layout is found. The chart picture forms ‘Rising Wedge Chart Pattern’. this is a bearish pattern signal. The currency pair is likely to go down.
The combination Chainlink/Tether (LINK/USDT) goes from the bullish trendline down.
A descending movement downwards to the next support line at is considered certain.
Caution: A possible trend reversal in the direction of the resistance zone at 9.19 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish signal. The currency pair could go down.
Moreover a ‘StochRSI %K line crosses below %D line’ indicator signal is existing. The indicator shows ‘StochRSI %K line crosses below %D line’. this is usually a bearish signal. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 9.33 |
| 2nd High | 9.3 |
| Next High | 9.19 |
| Current Price | 8.880000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
9.19 – 9.17 – 9.08 – 8.9 – 8.85 – 8.85 —
8.990000000 – 8.970000000 —
41.993236153277 – 46.61585632585 —
– —
9.19 – 1773154800
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – – Rising Wedge Chart Pattern – –