LINK/USDT – 30M – BUYThe combination Chainlink/Tether (LINK/USDT) moves from the ascending trendline upwards
A continuation of the upward movement up to the next resistance level at 13.22 is expected.
Caution: A possible change in the direction of the support zone at 12.55 is also possible.
Consider stop-loss settings accordingly.
Moreover a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. which is often a bullish signal. The pair is likely to go up.
Moreover a ‘Bullish Belt Hold’ candle chart pattern is found. The candles show ‘Bullish Belt Hold’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 14 |
| 2nd High | 13.34 |
| Next High | 13.22 |
| Current Price | 13.030000000 |
| Next Low | 12.55 |
| 2nd Low | 12.35 |
| 3rd Low | 11.74 |
13.22 – 13.05 – 13.21 – 12.92 – 12.55 – 12.66 — 45.816554931683 – 57.509432668618 — 75.388485525411 – 89.638337508833 – 71.677362754655 – 80.052691095318
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Bullish Belt Hold – – –