LINK/USDT – 30M – SELLThe combination Chainlink/Tether (LINK/USDT) moves from the descending trendline down.
A continuation of the bearish trend downwards to the next support level at is expected.
Caution: A possible counter-trend in the direction of the resistance line at 7.953 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart signal. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 8.128 |
| 2nd High | 8.044 |
| Next High | 7.953 |
| Current Price | 7.888000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
7.953 – 8.044 – 8.128 – 7.764 – 7.811 – 7.772 —
7.902000000 – 7.929000000 —
48.242678428404 – 56.619396984278 —
– —
7.953 – 1781875800