The currency pair Chainlink/Tether (LINK/USDT) goes from the bullish trendline down.
A bearish movement downwards to the next support level at 12.35 is certain.
Caution: A possible counter-trend in the direction of the resistance zone at 12.85 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 14 |
| 2nd High | 13.34 |
| Next High | 12.85 |
| Current Price | 13.020000000 |
| Next Low | 12.35 |
| 2nd Low | 11.74 |
| 3rd Low | 11.61 |
12.85 – 12.75 – 12.6 – 12.35 – 12.35 – 11.74 — 67.851367849572 – 65.760974222332 — 87.602830652158 – 81.276720290173 – 93.112567552029 – 87.330706164787
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – – Triple bottom chart pattern – –