The pair Chainlink/Tether (LINK/USDT) goes from the descending trendline downwards
A continuation of the bearish trend down to the next support level at 7.9 will persist.
Caution: A possible trend reversal in the direction of the resistance line at 9.27 is within the realm of possibility.
Consider stop-loss settings accordingly.
Furthermore a ” indicator signal is found. The indicator is ”. which is often a bearish chart signal. The pair is likely to go down.
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Furthermore a ‘StochRSI %K line crosses below %D line’ indicator signal is found. The indicator is ‘StochRSI %K line crosses below %D line’. which is often a bearish chart signal. The pair is likely to go down.
Furthermore a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. which is often a bearish chart scenario. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 9.78 |
| 2nd High | 9.47 |
| Next High | 9.27 |
| Current Price | 8.380000000 |
| Next Low | 7.9 |
| 2nd Low | |
| 3rd Low |
9.27 – 9.47 – 9.78 – 9.02 – 9.08 – 9.52 —
9.210000000 – 8.960000000 —
38.473973956467 – 43.772258755029 —
– —
9.27 – 1770282000
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – – Double top chart pattern – –