LINK/USDT – 1H – BUYThe currency pair Chainlink/Tether (LINK/USDT) goes from the bullish trendline up.
A continuation of the uptrend up to the next resistance line at 13.22 is expected.
Caution: A possible change in the direction of the support zone at 12.55 could occur.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘%K cross above 20’ indicator layout is discovered. The indicator is ‘%K cross above 20’. which could be a positive chart scenario. The currency pair is likely to rise.
And also a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. this is usually a bullish signal. The currency pair could go up.
And also a ‘Bullish Belt Hold’ candlestick pattern is existing. The chart shows ‘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 chance of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 14.29 |
| 2nd High | 14 |
| Next High | 13.22 |
| Current Price | 12.920000000 |
| Next Low | 12.55 |
| 2nd Low | 12.3 |
| 3rd Low | 11.74 |
13.22 – 13.21 – 12.85 – 12.55 – 12.3 – 12.35 — 40.304678821851 – 48.837119148571 — 0 – 14.326291198171 – 0 – 4.7754303993905
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Bullish Belt Hold – Double top retreat up – –