The combination Chainlink/Tether (LINK/USDT) moves from the ascending trendline up.
A continuation of the bullish trend upwards to the next resistance level at 14.93 will continue.
Caution: A possible trend reversal in the direction of the support level at 13.17 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive chart signal. The currency pair is likely to rise.
Next a ‘%K crosses above %D’ indicator layout is detected. The indicator is ‘%K crosses above %D’. which could be a positive chart signal. The currency pair is likely to rise.
Next a ‘Support Level’ indicator layout is discovered. The indicator shows ‘Support Level’. this is usually a bullish signal. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 17.66 |
| 2nd High | 16.8 |
| Next High | 14.93 |
| Current Price | 13.830000000 |
| Next Low | 13.17 |
| 2nd Low | 11.74 |
| 3rd Low | 11.61 |
14.93 – 13.42 – 14.54 – 13.17 – 13.36 – 11.74 — 47.264504281775 – 50.511007314415 — 28.285335981463 – 38.019971311928 – 32.992202729045 – 32.069954761117
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – – Rising Wedge Chart Pattern – –