LINK/USDT – 1H – SELLThe pair Chainlink/Tether (LINK/USDT) goes from the bearish trendline downwards
A continuation of the downward movement down to the next support line at 13.06 is considered certain.
Caution: A possible counter-trend in the direction of the resistance zone at 14.29 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Then a ‘%K crosses below %D’ indicator layout is existing. The indicator shows ‘%K crosses below %D’. which is often a bearish signal. The currency pair is likely to fall.
Then a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. this is usually a bearish signal. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 16.02 |
| 2nd High | 14.54 |
| Next High | 14.29 |
| Current Price | 13.490000000 |
| Next Low | 13.06 |
| 2nd Low | 7.9 |
| 3rd Low |
14.29 – 14.54 – 14.34 – 13.06 – 13.4 – 13.85 — 51.179817720604 – 47.606965339604 — 100 – 92.879616825988 – 90.590243365268 – 95.650670960182
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – – Double bottom retreat down – –