The combination Chainlink/Tether (LINK/USDT) breaks through the descending trendline upwards
A bullish movement upwards to the next resistance level at 9.05 is considered certain.
Caution: A possible reversal of the trend in the direction of the support level at 8.72 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘StochRSI %K line crosses above %D line’ indicator signal is discovered. The indicator is ‘StochRSI %K line crosses above %D line’. which could be a positive chart signal. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 9.47 |
| 2nd High | 9.27 |
| Next High | 9.05 |
| Current Price | 8.850000000 |
| Next Low | 8.72 |
| 2nd Low | 7.15 |
| 3rd Low |
9.05 – 9.05 – 9.01 – 8.72 – 8.78 – 8.78 —
8.840000000 – 8.870000000 —
45.618864844199 – 42.934671267487 —
– —
9.05 – 1770553800