LINK/USDT – 1H – BUYThe pair Chainlink/Tether (LINK/USDT) breaks through the bearish trendline up.
A bullish trend upwards to the next resistance at 14 is certain.
Caution: A possible counter-trend in the direction of the support level at could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish chart signal. The currency pair could go up.
There is also a ‘Bullish Belt Hold’ candle chart pattern is discovered. The candles show ‘Bullish Belt Hold’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 14.54 |
| 2nd High | 14.29 |
| Next High | 14 |
| Current Price | 13.940000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
14 – 14.29 – 14.54 – 12.77 – 13.12 – 13.06 — 62.388670139376 – 68.083212656192 — 97.850413089568 – 97.850413089568 – 99.283471029856 – 98.566942059712
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Bullish Belt Hold – Double bottom chart pattern – –