LINK/USDT – 30M – BUYThe combination Chainlink/Tether (LINK/USDT) breaks through the bearish trendline upwards
A bullish ascent upwards to the next resistance line at 23.750000000 will persist.
Caution: A possible counter-trend in the direction of the support level at 22.750000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Bullish Belt Hold’ candle chart pattern is detected. The candles show ‘Bullish Belt Hold’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 23.870000000 |
| 2nd High | 23.760000000 |
| Next High | 23.750000000 |
| Current Price | 23.340000000 |
| Next Low | 22.750000000 |
| 2nd Low | 22.120000000 |
| 3rd Low | 21.870000000 |
23.750000000 – 23.760000000 – 23.870000000 – 22.750000000 – 23.190000000 – 23.100000000 — 44.163653600899 – 56.185454284094
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Bullish Belt Hold – Double top retreat up – –