LINK/USDT – 1H – SELLIn addition a ‘Rising Wedge Chart Pattern’ chart layout is found. The chart forms ‘Rising Wedge Chart Pattern’. which is a bearish pattern signal. The pair is likely to go down.
The pair Chainlink/Tether (LINK/USDT) moves from the bullish trendline down.
A bearish movement downwards to the next support line at is expected.
Caution: A possible change in the direction of the resistance line at 15.660000000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative chart signal. The pair is likely to go down.
In addition a ‘Matching Low’ candle pattern is detected. The candles show ‘Matching Low’. this is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Matching Low’ going up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 17.160000000 |
| 2nd High | 16.190000000 |
| Next High | 15.660000000 |
| Current Price | 14.240000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
15.660000000 – 15.530000000 – 13.980000000 – 13.540000000 – 13.550000000 – 12.640000000
Trading Signals: FOREX – LINK – LINK/USDT – USDT – Matching Low