The currency pair Chainlink/Tether (LINK/USDT) breaks through the bearish trendline upwards
An ascending movement upwards to the next resistance at 11.770000000 will continue.
Caution: A possible counter-trend in the direction of the support level at 10.940000000 is also possible.
Consider stop-loss settings accordingly.
Additionally a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. this is usually a bullish chart scenario. The currency pair is likely to rise.
Support & Resistance | Price Range* |
---|---|
3rd High | 12.750000000 |
2nd High | 12.100000000 |
Next High | 11.770000000 |
Current Price | 11.760000000 |
Next Low | 10.940000000 |
2nd Low | 10.440000000 |
3rd Low | 10.100000000 |
11.770000000 – 12.100000000 – 12.750000000 – 10.940000000 – 11.290000000 – 11.690000000