LINK/USDT – 4H – BUYThe pair Chainlink/Tether (LINK/USDT) breaks through the bearish trendline up.
A bullish ascent up to the next resistance level at 8.128 is likely expected.
Caution: A possible counter-trend in the direction of support at 7.481 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘StochRSI %K line crosses above %D line’ indicator signal is found. The indicator is ‘StochRSI %K line crosses above %D line’. which could be a positive chart signal. The currency pair is likely to rise.
Furthermore a ‘MACD crosses above signal’ indicator signal is found. The indicator is ‘MACD crosses above signal’. which could be a positive chart signal. The currency pair is likely to rise.
Furthermore a ‘Bullish Belt Hold’ candle chart pattern is discovered. The chart forms ‘Bullish Belt Hold’. 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 Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 9.686 |
| 2nd High | 9.315 |
| Next High | 8.128 |
| Current Price | 8.113000000 |
| Next Low | 7.481 |
| 2nd Low | 7.316 |
| 3rd Low | 7.15 |
8.128 – 9.315 – 9.686 – 7.481 – 7.316 – 8.762 —
7.993000000 – 7.932000000 —
54.979000448311 – 45.814381643532 —
– —
8.128 – 1780948800
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Bullish Belt Hold – – –