The combination Chainlink/Tether (LINK/USDT) goes from the bullish trendline downwards
A bearish trend down to the next support level at 13.73 will continue.
Caution: A possible trend reversal in the direction of the resistance zone at 14.4 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish chart signal. The pair is likely to go down.
Furthermore a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. which could be a negative chart scenario. The currency pair could go down.
Furthermore a ‘Three Black Crows’ candlestick chart pattern is discovered. The candles form ‘Three Black Crows’. which is a negative pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 14.79 |
| 2nd High | 14.59 |
| Next High | 14.4 |
| Current Price | 13.770000000 |
| Next Low | 13.73 |
| 2nd Low | 13 |
| 3rd Low | 12.93 |
14.4 – 14.2 – 13.33 – 13.73 – 13.85 – 13.94 — 40.428961129793 – 36.629172756257 — 5.8442655255898 – 5.2474522830922 – 7.3619478382724 – 5.8442655255898
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern – –