The currency pair Chainlink/Tether (LINK/USDT) breaks through the descending trendline up.
An ascending movement upwards to the next resistance line at 13.33 is likely expected.
Caution: A possible reversal of the trend in the direction of the support zone at 13 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘%K crosses below %D’ indicator signal is existing. The indicator is ‘%K crosses below %D’. this is usually a bearish signal. The pair is likely to go down.
Besides a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. which is often a bullish chart scenario. The currency pair is likely to rise.
Besides a ‘Bullish Separating Lines’ chart pattern is discovered. The chart shows ‘Bullish Separating Lines’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Separating Lines’ going up is 72% (Bull Market) & 69% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 13.94 |
| 2nd High | 13.52 |
| Next High | 13.33 |
| Current Price | 13.260000000 |
| Next Low | 13 |
| 2nd Low | 12.93 |
| 3rd Low | 12.82 |
13.33 – 13.52 – 13.37 – 13 – 12.93 – 13.05 — 53.482463762019 – 63.440880071287 — 97.075579187239 – 97.075579187239 – 92.763206430699 – 97.546522031952
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Bullish Separating Lines – – –