The pair Chainlink/Tether (LINK/USDT) goes from the ascending trendline down.
A descending movement downwards to the next support line at 23.110000000 is expected.
Caution: A possible counter-trend in the direction of resistance at should be noted.
Consider stop-loss settings accordingly.
Furthermore a ‘RSI fall below 70’ indicator layout is found. The indicator is ‘RSI fall below 70’. which could be a negative chart scenario. The currency pair is likely to fall.
Furthermore a ‘StochRSI fall below 80’ indicator layout is found. The indicator is ‘StochRSI fall below 80’. which could be a negative chart scenario. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | |
| Current Price | 24.250000000 |
| Next Low | 23.110000000 |
| 2nd Low | 21.020000000 |
| 3rd Low | 16.570000000 |
24.200000000 – 22.670000000 – 22.700000000 – 23.110000000 – 21.020000000 – 21.780000000 — 68.355719972757 – 64.516606723154
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – – Triple bottom chart pattern – –