The currency pair Chainlink/Tether (LINK/USDT) moves from the bearish trendline down.
A continuation of the downtrend downwards to the next support line at 13.97 will persist.
Caution: A possible counter-trend in the direction of resistance at 14.59 is also possible.
Consider stop-loss settings accordingly.
Then a ‘Support Level’ indicator layout is found. The indicator is ‘Support Level’. this is usually a bearish signal. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 14.93 |
| 2nd High | 14.79 |
| Next High | 14.59 |
| Current Price | 14.150000000 |
| Next Low | 13.97 |
| 2nd Low | 11.98 |
| 3rd Low | 11.74 |
14.59 – 14.79 – 14.93 – 13.97 – 14.35 – 14.2 — 41.462153479135 – 39.648392928536 — 20.738436430564 – 8.4066924066924 – 36.474905854297 – 22.120162615249
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – – Rising Wedge Chart Pattern – –