The pair Chainlink/Tether (LINK/USDT) breaks through the descending trendline up.
An ascent up to the next resistance line at 9.19 will continue.
Caution: A possible reversal of the trend in the direction of the support zone at 8.4 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish chart scenario. The pair is likely to go up.
Also there is a ‘StochRSI %K line crosses above %D line’ indicator signal is detected. The indicator is ‘StochRSI %K line crosses above %D line’. this is usually a bullish chart scenario. The pair is likely to go up.
Also there is a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. this is usually a bullish chart scenario. The pair is likely to go up.
Also there is a ‘Northern Doji’ candlestick pattern is existing. The candles form ‘Northern Doji’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 13.9 |
| 2nd High | 9.64 |
| Next High | 9.19 |
| Current Price | 9.040000000 |
| Next Low | 8.4 |
| 2nd Low | 8.21 |
| 3rd Low | 8.05 |
9.19 – 9.64 – 9.27 – 8.4 – 8.21 – 8.05 —
9.010000000 – 8.970000000 —
50.703131760819 – 50.835506600014 —
– —
9.19 – 1773144000
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Northern Doji – Symmetrical Triangle Chart Pattern – –