The combination Chainlink/Tether (LINK/USDT) goes from the bullish trendline downwards
A descent down to the next support level at 9.07 will continue.
Caution: A possible reversal of the trend in the direction of resistance at 9.49 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. which is often a bearish chart signal. The pair is likely to go down.
Also there is a ‘Three Outside Down’ candlestick pattern is discovered. The chart forms ‘Three Outside Down’. which is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 9.9 |
| 2nd High | 9.64 |
| Next High | 9.49 |
| Current Price | 9.120000000 |
| Next Low | 9.07 |
| 2nd Low | 8.56 |
| 3rd Low | 8.54 |
9.49 – 9.64 – 8.93 – 9.07 – 8.56 – 8.54 —
9.240000000 – 9.300000000 —
46.881471731571 – 53.084120238841 —
– —
9.49 – 1772712000
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Three Outside Down – Symmetrical Triangle Chart Pattern – –