The combination Chainlink/Tether (LINK/USDT) jumps from the bearish trendline down.
A continuation of the bearish trend down to the next support at 11.61 is considered certain.
Caution: A possible trend reversal in the direction of the resistance level at 12.370000000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 14 |
| 2nd High | 13.34 |
| Next High | 12.370000000 |
| Current Price | 12.040000000 |
| Next Low | 11.61 |
| 2nd Low | 7.9 |
| 3rd Low |
12.370000000 – 13.34 – 14 – 11.61 – 12.77 – 12.77 — 47.791328835141 – 44.493485081524 — 75.372000347555 – 72.387714153419 – 62.399953847988 – 68.846734335281