The combination Chainlink/Tether (LINK/USDT) jumps from the descending trendline downwards
A continuation of the bearish trend down to the next support at 7.9 is expected.
Caution: A possible change in the direction of the resistance zone at 10.84 should always be considered.
Consider stop-loss settings accordingly.
Besides a ‘Support Level’ indicator layout is detected. The indicator shows ‘Support Level’. which could be a negative chart scenario. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 11.17 |
| 2nd High | 11 |
| Next High | 10.84 |
| Current Price | 10.440000000 |
| Next Low | 7.9 |
| 2nd Low | |
| 3rd Low |
10.84 – 11 – 10.91 – 10.51 – 10.62 – 10.83 —
10.640000000 – 10.510000000 —
30.396136249518 – 34.602434234655 —
– —
10.84000 – 1769826600