The currency pair Chainlink/Tether (LINK/USDT) jumps from the ascending trendline up.
A continuation of the uptrend up to the next resistance at 7.942 is likely expected.
Caution: A possible trend reversal in the direction of the support line at could happen.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish signal. The currency pair is likely to rise.
And also a ‘StochOSC Hidden Bullish Divergence’ indicator layout is existing. The indicator shows ‘StochOSC Hidden Bullish Divergence’. this is usually a bullish signal. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 8.028 |
| 2nd High | 7.988 |
| Next High | 7.942 |
| Current Price | 7.893000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
7.942 – 7.988 – 7.881 – 7.753 – 7.688 – 7.481 —
7.910000000 – 7.940000000 —
50.106040743663 – 43.88437787463 —
– —
7.942 – 1781256600