The pair Chainlink/Tether (LINK/USDT) moves from the bullish trendline up.
A continuation of the uptrend upwards to the next resistance at 9 is expected.
Caution: A possible trend reversal in the direction of the support level at 8.74 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ” indicator layout is discovered. The indicator shows ”. which is often a bullish signal. The currency pair is likely to rise.
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Besides a ‘StochRSI %K crosses above 0.2’ indicator layout is discovered. The indicator shows ‘StochRSI %K crosses above 0.2’. which is often a bullish signal. The currency pair is likely to rise.
Besides a ‘Bullish Belt Hold’ candle pattern is detected. The chart forms ‘Bullish Belt Hold’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 9.05 |
| 2nd High | 9.02 |
| Next High | 9 |
| Current Price | 8.740000000 |
| Next Low | 8.74 |
| 2nd Low | 8.66 |
| 3rd Low | 8.65 |
9 – 8.95 – 9 – 8.74 – 8.66 – 8.65 —
8.940000000 – 8.770000000 —
55.244977825816 – 30.41296888093 —
– —
9 – 1771401600
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Bullish Belt Hold – Double top retreat up – –