The pair Chainlink/Tether (LINK/USDT) goes from the bullish trendline up.
A continuation of the uptrend upwards to the next resistance at 8.011 is certain.
Caution: A possible change in the direction of support at is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish signal. The currency pair could go up.
Furthermore a ‘Bullish Engulfing’ candlestick pattern is existing. The candles form ‘Bullish Engulfing’. 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 Engulfing’ heading up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 8.128 |
| 2nd High | 8.028 |
| Next High | 8.011 |
| Current Price | 7.867000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
8.011 – 7.942 – 7.988 – 7.784 – 7.753 – 7.688 —
7.867000000 – 7.864000000 —
47.748487547333 – 47.79787828449 —
– —
8.011 – 1781276400
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Bullish Engulfing – – –