The combination Chainlink/Tether (LINK/USDT) goes from the ascending trendline up.
A continuation of the uptrend upwards to the next resistance at 8.172 is certain.
Caution: A possible change in the direction of the support level at 7.76 is within the realm of possibility.
Consider stop-loss settings accordingly.
There is also a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive chart scenario. The pair is likely to go up.
There is also a ‘MACD crosses above signal’ indicator layout is detected. The indicator is ‘MACD crosses above signal’. which could be a positive chart scenario. The pair is likely to go up.
There is also a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. which is often a bullish chart scenario. The currency pair could go up.
There is also a ‘Three Outside Up’ chart pattern is detected. The candles show ‘Three Outside Up’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 8.371 |
| 2nd High | 8.176 |
| Next High | 8.172 |
| Current Price | 7.999000000 |
| Next Low | 7.76 |
| 2nd Low | 7.076 |
| 3rd Low | 7.016 |
8.172 – 8.151 – 8.176 – 7.76 – 7.833 – 7.076 —
7.941000000 – 7.930000000 —
47.024850106016 – 40.438594451475 —
– —
8.172 – 1783371600
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Three Outside Up – – –