LINK/USDT – 30M – SELLThe pair Chainlink/Tether (LINK/USDT) jumps from the ascending trendline down.
A descending movement down to the next support at 22.360000000 is certain.
Caution: A possible reversal of the trend in the direction of the resistance zone at 24.950000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Support Level’ indicator layout is discovered. The indicator shows ‘Support Level’. this is usually a bearish chart signal. The currency pair could go down.
In addition a ‘Matching Low’ candlestick chart pattern is detected. The chart shows ‘Matching Low’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Matching Low’ heading up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 26.760000000 |
| Next High | 24.950000000 |
| Current Price | 23.590000000 |
| Next Low | 22.360000000 |
| 2nd Low | 21.390000000 |
| 3rd Low | 21.360000000 |
24.950000000 – 26.760000000 – 25.950000000 – 23.890000000 – 24.290000000 – 22.360000000 — 35.215777388987 – 34.772662759436
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Matching Low – Symmetrical Triangle Chart Pattern – –