LINK/USDT – 30M – BUYThe pair Chainlink/Tether (LINK/USDT) goes from the ascending trendline up.
A continuation of the uptrend up to the next resistance at 9.054000000 is expected.
Caution: A possible trend reversal in the direction of the support level at 8.91 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘StochRSI %K crosses above 0.2’ indicator signal is existing. The indicator shows ‘StochRSI %K crosses above 0.2’. which could be a positive chart scenario. The pair is likely to go up.
Next a ‘Bullish Engulfing’ candle pattern is existing. The candles show ‘Bullish Engulfing’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Engulfing’ heading up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 9.484 |
| 2nd High | 9.091 |
| Next High | 9.054000000 |
| Current Price | 8.898000000 |
| Next Low | 8.91 |
| 2nd Low | 8.792 |
| 3rd Low | 8.762 |
9.054000000 – 9.091 – 9.484 – 8.91 – 8.792 – 8.762 —
9.054000000 – 8.930000000 —
57.422931498459 – 34.61848494962 —
9.054000000 – 1780045200 —
– 1780045200
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Bullish Engulfing – – –