The combination Chainlink/Tether (LINK/USDT) breaks through the descending trendline up.
The bullish trend upwards to the next resistance at 9.21 will continue.
Caution: A possible change in the direction of the support level at 8.54 could happen.
Consider stop-loss settings accordingly.
Besides a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. this is usually a bullish chart scenario. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 9.9 |
| 2nd High | 9.59 |
| Next High | 9.21 |
| Current Price | 9.060000000 |
| Next Low | 8.54 |
| 2nd Low | 8.21 |
| 3rd Low | 8.17 |
9.21 – 9.59 – 9.05 – 8.54 – 8.21 – 8.45 —
8.700000000 – 9.100000000 —
38.408261696538 – 58.194822311051 —
– —
9.21 – 1772330400