The currency pair Chainlink/Tether (LINK/USDT) jumps from the bearish trendline downwards
A continuation of the downward movement downwards to the next support level at is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance line at 8.011 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative chart signal. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 8.017 |
| 2nd High | 8.015 |
| Next High | 8.011 |
| Current Price | 7.870000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
8.011 – 8.015 – 8.017 – 7.898 – 7.824 – 7.764 —
7.971000000 – 8.023000000 —
51.356571685219 – 54.553851686444 —
– —
8.011 – 1782036000
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – – Symmetrical Triangle Chart Pattern – –