LINK/USDT – 30M – SELLThe pair Chainlink/Tether (LINK/USDT) jumps from the ascending trendline downwards
A bearish movement downwards to the next support line at 11.74 is expected.
Caution: A possible reversal of the trend in the direction of the resistance zone at 12.6 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Moreover a ‘%K crosses below %D’ indicator layout is found. The indicator shows ‘%K crosses below %D’. which is often a bearish chart signal. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 14 |
| 2nd High | 13.34 |
| Next High | 12.6 |
| Current Price | 12.540000000 |
| Next Low | 11.74 |
| 2nd Low | 11.61 |
| 3rd Low | 7.9 |
12.6 – 12.1 – 12.37 – 11.74 – 11.75 – 11.79 — 57.162068559808 – 53.100190237884 — 40.352564102564 – 30.029914529915 – 29.997088949706 – 34.027065527066
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – – Symmetrical Triangle Chart Pattern – –