The pair Chainlink/Tether (LINK/USDT) moves from the ascending trendline downwards
A bearish trend downwards to the next support line at 13.08 is certain.
Caution: A possible counter-trend in the direction of the resistance line at 13.45 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 14.07 |
| 2nd High | 13.94 |
| Next High | 13.45 |
| Current Price | 13.300000000 |
| Next Low | 13.08 |
| 2nd Low | 13.07 |
| 3rd Low | 13.03 |
13.28 – 13.24 – 13.26 – 13.08 – 13.12 – 13.07 — 64.162554224864 – 59.996759679715 — 94.550991468489 – 91.068263831059 – 73.653051894212 – 88.49666802443
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – – Rising Wedge Chart Pattern – –