The pair Chainlink/Tether (LINK/USDT) moves from the bullish trendline down.
A bearish descent downwards to the next support at 12.35 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance level at 12.75 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. which is often a bearish chart scenario. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 14 |
| 2nd High | 13.34 |
| Next High | 12.75 |
| Current Price | 12.660000000 |
| Next Low | 12.35 |
| 2nd Low | 11.74 |
| 3rd Low | 11.61 |
12.75 – 12.6 – 12.1 – 12.35 – 11.74 – 11.75 — 55.201732831313 – 52.122784869201 — 61.364060752894 – 70.431328876994 – 47.230879811861 – 58.926162761503
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – – Double bottom retreat down – –