The pair Chainlink/Tether (LINK/USDT) goes from the bullish trendline up.
A continuation of the uptrend up to the next resistance level at 26.030000000 will persist.
Caution: A possible trend reversal in the direction of the support level at should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish signal. The currency pair is likely to rise.
And also a ‘Tweezers Bottom’ candle pattern is detected. The candles show ‘Tweezers Bottom’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Tweezers Bottom’ heading up is 52% (Bull Market) & 56% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 27.870000000 |
| Next High | 26.030000000 |
| Current Price | 23.830000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
26.030000000 – 27.870000000 – 26.890000000 – 22.830000000 – 22.880000000 – 24.090000000 — 48.318095992499 – 49.384447656222
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Tweezers Bottom – Double bottom chart pattern – –