LINK/USDT – 30M – SELLAdditionally a ‘Double bottom retreat down’ chart pattern is discovered. The chart forms ‘Double bottom retreat down’. this is a bearish chart scenario. The currency pair is likely to go down.
The combination Chainlink/Tether (LINK/USDT) moves from the ascending trendline downwards
A bearish descent downwards to the next support level at 13.7 will continue.
Caution: A possible trend reversal in the direction of the resistance level at 13.83 could be enabled.
Consider stop-loss settings accordingly.
Additionally a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. which could be a negative signal. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 14.22 |
| 2nd High | 13.9 |
| Next High | 13.83 |
| Current Price | 13.820000000 |
| Next Low | 13.7 |
| 2nd Low | 13.62 |
| 3rd Low | 13.43 |
13.83 – 13.9 – 13.75 – 13.7 – 13.62 – 13.68 — 61.774296395195 – 56.803041078275 — 88.890815559794 – 89.554704984209 – 66.650962650101 – 81.981128620039
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – – Double bottom retreat down – –