The combination Chainlink/Tether (LINK/USDT) breaks through the descending trendline up.
A bullish ascent upwards to the next resistance line at 11.770000000 will continue.
Caution: A possible reversal of the trend in the direction of the support zone at 10.940000000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘Support Level’ indicator layout is existing. The indicator is ‘Support Level’. this is usually a bullish chart signal. The currency pair could go up.
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