The pair Chainlink/Tether (LINK/USDT) breaks through the descending trendline up.
A bullish ascent up to the next resistance line at 9.25 is considered certain.
Caution: A possible reversal of the trend in the direction of the support zone at should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Then a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish chart scenario. The currency pair is likely to rise.
Then 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 currency pair is likely to rise.
Then a ‘Three Outside Up’ candlestick chart pattern is found. The chart forms ‘Three Outside Up’. which is a positive pattern signal. The currency pair is likely to go up. 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 | 9.42 |
| 2nd High | 9.28 |
| Next High | 9.25 |
| Current Price | 9.180000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
9.25 – 9.21 – 9.28 – 9.07 – 9.06 – 9.06 —
9.140000000 – 9.160000000 —
52.907888398432 – 50.755830108274 —
– —
9.25 – 1777757400
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Three Outside Up – – –