LINK/USDT – 1H – BUYThe combination Chainlink/Tether (LINK/USDT) breaks through the descending trendline upwards
An ascent up to the next resistance at 8.044 is expected.
Caution: A possible counter-trend in the direction of support at 7.764 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Support Level’ indicator signal is existing. The indicator shows ‘Support Level’. which could be a positive signal. The pair is likely to go up.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is expected. Target of the current trend is 8.091 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the resistance level at 8.044 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 8.371 |
| 2nd High | 8.128 |
| Next High | 8.044 |
| Current Price | 7.950000000 |
| Next Low | 7.764 |
| 2nd Low | 7.753 |
| 3rd Low | 7.688 |
8.044 – 8.128 – 8.371 – 7.764 – 7.772 – 7.89 —
7.949000000 – 7.932000000 —
47.857582662557 – 47.227093265312 —
– —
8.044 – 1781830800