The combination Chainlink/Tether (LINK/USDT) moves from the ascending trendline downwards
A bearish trend downwards to the next support at 11.74 will continue.
Caution: A possible trend reversal in the direction of the resistance level at 12.6 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 14 |
| 2nd High | 13.34 |
| Next High | 12.6 |
| Current Price | 12.590000000 |
| Next Low | 11.74 |
| 2nd Low | 11.61 |
| 3rd Low | 7.9 |
12.6 – 12.1 – 12.37 – 11.74 – 11.75 – 11.79 — 65.740509608658 – 62.805852663088 — 76.235271536854 – 80.502919782607 – 59.739951475752 – 72.336401649025
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – – Rising Wedge Chart Pattern – –