LINK/USDT – 1H – BUYThe combination Chainlink/Tether (LINK/USDT) breaks through the descending trendline up.
A bullish trend up to the next resistance at 14 is likely expected.
Caution: A possible counter-trend in the direction of support at could happen.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart signal. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 14.54 |
| 2nd High | 14.29 |
| Next High | 14 |
| Current Price | 12.470000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
14 – 14 – 14.29 – 11.74 – 11.61 – 12.77 — 57.158102270742 – 60.890231773604 — 74.702082343208 – 67.289213145182 – 87.628569584529 – 77.057069276437
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – – Inverse Head and Shoulder chart pattern – –