The pair Chainlink/Tether (LINK/USDT) goes from the bearish trendline up.
A bullish movement up to the next resistance at 9 will persist.
Caution: A possible change in the direction of the support level at 7.15 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ” indicator signal is detected. The indicator is ”. which could be a positive chart scenario. The pair is likely to go up.
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Also there is a ‘StochRSI %K line crosses above %D line’ indicator signal is detected. The indicator is ‘StochRSI %K line crosses above %D line’. which could be a positive chart scenario. The pair is likely to go up.
Also there is a ‘Three Outside Up’ candle chart pattern is detected. The candles show ‘Three Outside Up’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 9.47 |
| 2nd High | 9.27 |
| Next High | 9 |
| Current Price | 8.970000000 |
| Next Low | 7.15 |
| 2nd Low | |
| 3rd Low |
9 – 8.37 – 9.27 – 7.15 – 9.02 – 9.08 —
8.900000000 – 8.890000000 —
63.42629051928 – 66.027480533204 —
– —
9 – 1770399000
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Three Outside Up – Symmetrical Triangle Chart Pattern – –