LINK/USDT – 30M – SELLThe currency pair Chainlink/Tether (LINK/USDT) goes from the descending trendline downwards
A continuation of the bearish trend down to the next support at 8.97 will persist.
Caution: A possible trend reversal in the direction of the resistance level at 10.080000000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend will persist. Target of the current trend is 9.40442 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the support zone at 10.080000000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 11 |
| 2nd High | 10.84 |
| Next High | 10.080000000 |
| Current Price | 9.900000000 |
| Next Low | 8.97 |
| 2nd Low | 7.9 |
| 3rd Low |
10.080000000 – 10.84 – 11 – 8.97 – 10.36 – 10.51 —
10.080000000 – 10.030000000 —
53.942863386916 – 48.011493102109 —
10.080000000 – 1769913000 —
– 1769913000