The pair Chainlink/Tether (LINK/USDT) breaks through the bearish trendline upwards
A bullish trend upwards to the next resistance level at 10.04 will persist.
Caution: A possible reversal of the trend in the direction of the support zone at 9.02 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘StochRSI %K line crosses above %D line’ indicator signal is found. The indicator is ‘StochRSI %K line crosses above %D line’. this is usually a bullish chart signal. The currency pair could go up.
Also there is a ‘MACD crosses above signal’ indicator signal is found. The indicator is ‘MACD crosses above signal’. this is usually a bullish chart signal. The currency pair could go up.
Also there is a ‘StochRSI Hidden Bullish Divergence’ indicator signal is found. The indicator is ‘StochRSI Hidden Bullish Divergence’. this is usually a bullish chart signal. The currency pair could go up.
Also there is a ‘Three Outside Up’ candle chart pattern is discovered. The candles form ‘Three Outside Up’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 12.19 |
| 2nd High | 11 |
| Next High | 10.04 |
| Current Price | 9.630000000 |
| Next Low | 9.02 |
| 2nd Low | 8.97 |
| 3rd Low | 7.9 |
10.04 – 11 – 12.19 – 9.02 – 8.97 – 10.51 —
9.750000000 – 9.520000000 —
39.778917162006 – 46.025096672255 —
– —
10.04 – 1770044400
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Three Outside Up – – –