LINK/USDT – 1H – SELLThe currency pair Chainlink/Tether (LINK/USDT) jumps from the descending trendline downwards
A continuation of the downward movement down to the next support line at 13.12 is considered certain.
Caution: A possible trend reversal in the direction of the resistance level at 14 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. this is usually a bearish signal. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 14.54 |
| 2nd High | 14.29 |
| Next High | 14 |
| Current Price | 12.940000000 |
| Next Low | 13.12 |
| 2nd Low | 13.06 |
| 3rd Low | 7.9 |
14 – 14.29 – 14.54 – 13.12 – 13.06 – 13.4 — 31.988334236167 – 30.054365086728 — 21.789443095362 – 12.139236228456 – 33.852594555539 – 24.640679718107
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – – Rising Wedge Chart Pattern – –