LINK/USDT – 1H – SELLThe currency pair Chainlink/Tether (LINK/USDT) moves from the ascending trendline down.
A descending movement downwards to the next support line at 9.85 will persist.
Caution: A possible reversal of the trend in the direction of resistance at 10.26 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend will persist. Target of the current trend is 9.66 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of support at 10.26 could happen.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 12.19 |
| 2nd High | 11 |
| Next High | 10.26 |
| Current Price | 9.880000000 |
| Next Low | 9.85 |
| 2nd Low | 9.09 |
| 3rd Low | 9.07 |
10.26 – 9.66 – 9.21 – 9.85 – 9.09 – 9.07 —
10.030000000 – 10.080000000 —
56.957769341525 – 58.403989458665 —
– —
10.26 – 1778065200
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – – Rising Wedge Chart Pattern – –