There is also a ‘Rising Wedge Chart Pattern’ chart layout is existing. The chart shows ‘Rising Wedge Chart Pattern’. which is a bearish chart scenario. The pair is likely to go down.
The combination Chainlink/Tether (LINK/USDT) moves from the bullish trendline down.
The bearish trend down to the next support level at 24.050000000 will continue.
Caution: A possible reversal of the trend in the direction of resistance at 25.020000000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 26.030000000 |
| 2nd High | 25.640000000 |
| Next High | 25.020000000 |
| Current Price | 24.630000000 |
| Next Low | 24.050000000 |
| 2nd Low | 23.680000000 |
| 3rd Low | 22.770000000 |
24.430000000 – 24.240000000 – 23.750000000 – 24.050000000 – 23.680000000 – 22.770000000 — 61.986963821367 – 55.529574439487
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – – Rising Wedge Chart Pattern – –