LINK/USDT – 1H – SELLThe currency pair Chainlink/Tether (LINK/USDT) moves from the ascending trendline downwards
A bearish movement downwards to the next support level at 9.09 is certain.
Caution: A possible reversal of the trend in the direction of the resistance level at 10.26 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
In addition 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.
In addition a ‘MACD crosses below signal’ indicator signal is existing. The indicator shows ‘MACD crosses below signal’. this is usually a bearish signal. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 12.19 |
| 2nd High | 11 |
| Next High | 10.26 |
| Current Price | 10.000000000 |
| Next Low | 9.09 |
| 2nd Low | 9.07 |
| 3rd Low | 9.06 |
10.26 – 9.66 – 9.21 – 9.09 – 9.07 – 9.06 —
10.010000000 – 10.130000000 —
49.240915825851 – 64.486346041432 —
– —
10.26 – 1778065200