The currency pair Chainlink/Tether (LINK/USDT) goes from the ascending trendline upwards
A continuation of the bullish trend up to the next resistance line at 10.04 is likely expected.
Caution: A possible change in the direction of the support line at 9.02 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Next a ” indicator layout is existing. The indicator shows ”. this is usually a bullish chart scenario. The currency pair could go up.
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Next a ‘StochRSI %K crosses above 0.2’ indicator layout is existing. The indicator shows ‘StochRSI %K crosses above 0.2’. this is usually a bullish chart scenario. The currency pair could go up.
Next a ‘Bullish Belt Hold’ chart pattern is detected. The chart forms ‘Bullish Belt Hold’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 12.19 |
| 2nd High | 11 |
| Next High | 10.04 |
| Current Price | 9.480000000 |
| Next Low | 9.02 |
| 2nd Low | 8.97 |
| 3rd Low | 7.9 |
10.04 – 11 – 12.19 – 9.02 – 8.97 – 10.51 —
9.640000000 – 9.530000000 —
42.58963055311 – 32.912395282058 —
– —
10.04 – 1770044400
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Bullish Belt Hold – Double top retreat up – –