LINK/USDT – 4H – BUYThe pair Chainlink/Tether (LINK/USDT) jumps from the descending trendline up.
An ascent upwards to the next resistance at 13.9 will continue.
Caution: A possible counter-trend in the direction of the support level at 11.89 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Moreover a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. this is usually a bullish signal. The pair is likely to go up.
Moreover a ‘Three Outside Up’ candle pattern is found. The chart forms ‘Three Outside Up’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 14.93 |
| 2nd High | 14.4 |
| Next High | 13.9 |
| Current Price | 11.940000000 |
| Next Low | 11.89 |
| 2nd Low | 11.74 |
| 3rd Low | 11.61 |
13.9 – 14.4 – 13.03 – 11.89 – 13.43 – 12.93 —
12.280000000 – 11.860000000 —
36.00069149253 – 25.356152414567 —
– —
13.90000 – 1768665600
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Three Outside Up – Double top chart pattern – –