LINK/USDT – 30M – BUYThe currency pair Chainlink/Tether (LINK/USDT) breaks through the descending trendline up.
A bullish movement upwards to the next resistance at 11.770000000 is expected.
Caution: A possible reversal of the trend in the direction of support at 10.940000000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. which is often a bullish chart signal. The pair is likely to 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