The combination Chainlink/Tether (LINK/USDT) goes from the bullish trendline down.
A descent down to the next support level at 8.89 will persist.
Caution: A possible trend reversal in the direction of the resistance zone at 9.6 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative signal. The pair is likely to go down.
Moreover a ‘Support Level’ indicator layout is discovered. The indicator shows ‘Support Level’. which could be a negative chart scenario. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 9.78 |
| 2nd High | 9.64 |
| Next High | 9.6 |
| Current Price | 9.000000000 |
| Next Low | 8.89 |
| 2nd Low | 8.83 |
| 3rd Low | 8.4 |
9.6 – 9.4 – 9.11 – 9.02 – 9.16 – 8.89 —
9.100000000 – 9.070000000 —
39.570947140028 – 39.191771706841 —
– —
9.6 – 1773410400
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – – Rising Wedge Chart Pattern – –