LINK/USDT – 30M – SELLThe currency pair Chainlink/Tether (LINK/USDT) jumps from the bearish trendline down.
A continuation of the downward movement down to the next support at 7.15 is expected.
Caution: A possible trend reversal in the direction of resistance at 9 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Next a ‘StochRSI %K falls below 0.8’ indicator signal is existing. The indicator shows ‘StochRSI %K falls below 0.8’. this is usually a bearish signal. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 9.47 |
| 2nd High | 9.27 |
| Next High | 9 |
| Current Price | 8.830000000 |
| Next Low | 7.15 |
| 2nd Low | |
| 3rd Low |
9 – 8.37 – 9.27 – 7.15 – 9.02 – 9.08 —
8.880000000 – 9.010000000 —
67.604687466473 – 62.931097856779 —
– —
9 – 1770399000