The pair Chainlink/Tether (LINK/USDT) breaks through the bearish trendline upwards
A bullish movement up to the next resistance level at 8.46 is considered certain.
Caution: A possible change in the direction of the support zone at is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish signal. The currency pair is likely to rise.
Also there is a ‘StochRSI %K line crosses above %D line’ indicator signal is detected. The indicator shows ‘StochRSI %K line crosses above %D line’. this is usually a bullish signal. The currency pair is likely to rise.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is considered certain. Current target is 8.54256 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the resistance zone at 8.46 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 8.62 |
| 2nd High | 8.57 |
| Next High | 8.46 |
| Current Price | 8.440000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
8.46 – 8.57 – 8.62 – 8.13 – 8.47 – 8.47 —
8.440000000 – 8.450000000 —
57.135614833006 – 55.485917715223 —
– —
8.46 – 1770845400