The combination Chainlink/Tether (LINK/USDT) moves from the ascending trendline up.
A continuation of the bullish trend up to the next resistance level at 13.870000000 will persist.
Caution: A possible reversal of the trend in the direction of the support level at 13.56 could occur.
Consider stop-loss settings accordingly.
Then a ‘%K crosses above %D’ indicator signal is discovered. The indicator shows ‘%K crosses above %D’. which is often a bullish signal. The currency pair could go up.
Then a ‘Bullish Belt Hold’ candle pattern is detected. The chart shows ‘Bullish Belt Hold’. which is a bullish chart scenario. The 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’ heading up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 14.4 |
| 2nd High | 14.22 |
| Next High | 13.870000000 |
| Current Price | 13.710000000 |
| Next Low | 13.56 |
| 2nd Low | 13 |
| 3rd Low | 12.93 |
13.870000000 – 14.22 – 14.4 – 13.56 – 13.73 – 13.85 — 36.136975529158 – 43.517607145971 — 14.031058617673 – 24.935603378206 – 32.812879921109 – 24.511420804307
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Bullish Belt Hold – – –