The pair Chainlink/Tether (LINK/USDT) moves from the bullish trendline downwards
A descending movement down to the next support level at 13.29 will continue.
Caution: A possible reversal of the trend in the direction of resistance at 14.24 could happen.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative signal. The currency pair could go down.
There is also a ‘Support Level’ indicator signal is discovered. The indicator is ‘Support Level’. which could be a negative signal. The currency pair could go down.
There is also a ‘Three Black Crows’ chart pattern is found. The chart shows ‘Three Black Crows’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 14.93 |
| 2nd High | 14.35 |
| Next High | 14.24 |
| Current Price | 13.090000000 |
| Next Low | 13.29 |
| 2nd Low | 12.15 |
| 3rd Low | 12.05 |
14.24 – 14.13 – 13.88 – 13.29 – 13.47 – 13.31 — 47.740852725591 – 42.888204345956 — 70.671834625323 – 39.90341847757 – 76.412886155003 – 67.266771155448
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Three Black Crows – Double bottom retreat down – –