The pair Chainlink/Tether (LINK/USDT) breaks through the ascending trendline upwards
A continuation of the bullish trend up to the next resistance at 22.700000000 will continue.
Caution: A possible trend reversal in the direction of the support zone at 21.150000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘RSI fall below 70’ indicator layout is detected. The indicator is ‘RSI fall below 70’. which is often a bullish chart signal. The pair is likely to go up.
Then a ‘StochRSI cross above 20’ indicator layout is detected. The indicator is ‘StochRSI cross above 20’. which is often a bullish chart signal. The pair is likely to go up.
Then a ‘Bearish Harami Cross’ candlestick pattern is detected. The candles show ‘Bearish Harami Cross’. which is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Harami Cross’ heading down is 57% (Bull Market) & 56% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 22.700000000 |
| Current Price | 22.320000000 |
| Next Low | 21.150000000 |
| 2nd Low | 16.570000000 |
| 3rd Low | 16.030000000 |
22.700000000 – 21.470000000 – 16.910000000 – 21.150000000 – 16.570000000 – 16.030000000 — 59.658248459553 – 59.802409147154
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Bearish Harami Cross – Double bottom retreat down – –