Then a ‘Rising Wedge Chart Pattern’ chart formation is discovered. The chart shows ‘Rising Wedge Chart Pattern’. which is a negative signal. The currency pair is likely to go down.
The pair Chainlink/Tether (LINK/USDT) goes from the bullish trendline down.
A descending movement downwards to the next support line at will persist.
Caution: A possible counter-trend in the direction of the resistance level at 9.19 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish signal. The currency pair could go down.
Then a ‘StochRSI %K line crosses below %D line’ indicator layout is existing. The indicator shows ‘StochRSI %K line crosses below %D line’. which is often a bearish signal. The currency pair could go down.
Then a ‘StochOSC Hidden Bearish Divergence’ indicator layout is existing. The indicator shows ‘StochOSC Hidden Bearish Divergence’. which is often a bearish signal. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 9.33 |
| 2nd High | 9.3 |
| Next High | 9.19 |
| Current Price | 8.970000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
9.19 – 9.17 – 9.08 – 8.900000000 – 8.85 – 8.85 —
8.980000000 – 9.000000000 —
43.043750905508 – 49.115129805599 —
8.900000000 – 1773180000 —
9.19 – 1773154800
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – – Rising Wedge Chart Pattern – –