LINK/USDT – 30M – BUYThe combination Chainlink/Tether (LINK/USDT) jumps from the ascending trendline up.
A continuation of the bullish trend upwards to the next resistance level at 8.172 will persist.
Caution: A possible reversal of the trend in the direction of the support level at 7.796 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Moreover a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish signal. The pair is likely to go up.
Moreover a ‘Support Level’ indicator signal is existing. The indicator shows ‘Support Level’. which is often a bullish chart scenario. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 8.371 |
| 2nd High | 8.176 |
| Next High | 8.172 |
| Current Price | 7.928000000 |
| Next Low | 7.796 |
| 2nd Low | 7.76 |
| 3rd Low | 7.698 |
8.172 – 8.086 – 8.151 – 7.796 – 7.814 – 7.76 —
7.970000000 – 8.011000000 —
54.951304686391 – 45.520483435493 —
– —
8.172 – 1783371600