LINK/USDT – 1H – SELLAdditionally a ‘Rising Wedge Chart Pattern’ chart layout is discovered. The chart forms ‘Rising Wedge Chart Pattern’. which is a negative signal. The currency pair is likely to fall.
The combination Chainlink/Tether (LINK/USDT) goes from the bullish trendline downwards
The bearish trend down to the next support at 8.92 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance level at 9.6 is also possible.
Consider stop-loss settings accordingly.
Additionally a ‘StochRSI %K line crosses below %D line’ indicator layout is found. The indicator shows ‘StochRSI %K line crosses below %D line’. which is often a bearish signal. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 9.9 |
| 2nd High | 9.64 |
| Next High | 9.6 |
| Current Price | 9.250000000 |
| Next Low | 8.92 |
| 2nd Low | 8.83 |
| 3rd Low | 8.4 |
9.6 – 9.4 – 9.11 – 8.92 – 8.83 – 8.86 —
9.250000000 – 9.290000000 —
62.991357180938 – 66.869851500685 —
– —
9.6 – 1773410400
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – – Rising Wedge Chart Pattern – –