LINK/USDT – 4H – BUYThe currency pair Chainlink/Tether (LINK/USDT) breaks through the bearish trendline up.
A bullish ascent up to the next resistance line at 14.54 is likely expected.
Caution: A possible trend reversal in the direction of the support zone at 13.58 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘%K crosses above %D’ indicator layout is discovered. The indicator is ‘%K crosses above %D’. this is usually a bullish chart signal. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 17.66 |
| 2nd High | 16.8 |
| Next High | 14.54 |
| Current Price | 12.000000000 |
| Next Low | 13.58 |
| 2nd Low | 7.9 |
| 3rd Low |
14.54 – 16.8 – 16.23 – 13.58 – 13.69 – 16.54 — 30.497670405373 – 32.839046533418 — 12.822693480795 – 17.826967994174 – 15.165744823384 – 15.275091487901