The pair Chainlink/Tether (LINK/USDT) moves from the ascending trendline down.
A bearish trend down to the next support at 7.883 is certain.
Caution: A possible counter-trend in the direction of the resistance line at 8.176 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. this is usually a bearish chart scenario. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 8.418 |
| 2nd High | 8.371 |
| Next High | 8.176 |
| Current Price | 7.967000000 |
| Next Low | 7.883 |
| 2nd Low | 7.698 |
| 3rd Low | 7.322 |
8.176 – 7.979 – 7.944 – 7.883 – 7.698 – 7.322 —
8.091000000 – 8.019000000 —
55.815330673487 – 48.095734996314 —
– —
8.176 – 1783188000
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – – Rising Wedge Chart Pattern – –