The pair Chainlink/Tether (LINK/USDT) goes from the descending trendline downwards
A continuation of the downtrend downwards to the next support level at 13.62 will persist.
Caution: A possible counter-trend in the direction of resistance at 13.8 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Support Level’ indicator layout is detected. The indicator is ‘Support Level’. this is usually a bearish signal. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 14.35 |
| 2nd High | 13.97 |
| Next High | 13.8 |
| Current Price | 13.620000000 |
| Next Low | 13.62 |
| 2nd Low | 13.27 |
| 3rd Low | 13.17 |
13.8 – 13.97 – 14.35 – 13.62 – 13.65 – 13.27 — 43.528072702219 – 41.533598698449 — 44.766502062974 – 51.239733448955 – 40.005514625329 – 45.318686632426
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – – Triple top chart pattern – –