The pair Chainlink/Tether (LINK/USDT) moves from the bullish trendline down.
A descent downwards to the next support line at 7.821 is expected.
Caution: A possible reversal of the trend in the direction of the resistance level at 8.155 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘StochRSI %K line crosses below %D line’ indicator signal is detected. The indicator is ‘StochRSI %K line crosses below %D line’. which could be a negative signal. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 8.418 |
| 2nd High | 8.371 |
| Next High | 8.155 |
| Current Price | 7.501000000 |
| Next Low | 7.821 |
| 2nd Low | 7.769 |
| 3rd Low | 7.764 |
8.155 – 8.023 – 7.994 – 7.821 – 7.769 – 7.898 —
7.903000000 – 7.726000000 —
48.039322591547 – 31.171830700126 —
– —
8.155 – 1782135000
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – – Symmetrical Triangle Chart Pattern – –