The combination Chainlink/Tether (LINK/USDT) goes from the bearish trendline down.
A continuation of the downtrend downwards to the next support line at is expected.
Caution: A possible change in the direction of the resistance line at 7.953 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish signal. The currency pair is likely to fall.
In addition a ‘StochRSI Hidden Bearish Divergence’ indicator signal is discovered. The indicator is ‘StochRSI Hidden Bearish Divergence’. this is usually a bearish signal. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 8.128 |
| 2nd High | 8.044 |
| Next High | 7.953 |
| Current Price | 7.890000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
7.953 – 8.044 – 8.128 – 7.764 – 7.811 – 7.772 —
7.944000000 – 7.927000000 —
59.303978303838 – 53.311480586485 —
– —
7.953 – 1781875800