The currency pair Chainlink/Tether (LINK/USDT) goes from the bullish trendline down.
A bearish trend down to the next support level at 13.36 is considered certain.
Caution: A possible trend reversal in the direction of the resistance zone at 14.93 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Then a ‘%K crosses below %D’ indicator signal is found. The indicator is ‘%K crosses below %D’. this is usually a bearish signal. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 17.66 |
| 2nd High | 16.8 |
| Next High | 14.93 |
| Current Price | 13.780000000 |
| Next Low | 13.36 |
| 2nd Low | 11.74 |
| 3rd Low | 11.61 |
14.93 – 13.42 – 14.54 – 13.36 – 11.74 – 11.61 — 52.941586362505 – 48.598402164398 — 55.211113392185 – 46.785396564703 – 47.367290139935 – 50.614707563565
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – – Rising Wedge Chart Pattern – –