The combination Chainlink/Tether (LINK/USDT) moves from the bearish trendline up.
An ascending movement upwards to the next resistance line at 11 will continue.
Caution: A possible counter-trend in the direction of the support line at 7.9 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘MACD crosses above signal’ indicator layout is detected. The indicator shows ‘MACD crosses above signal’. this is usually a bullish chart scenario. The pair is likely to go up.
Then a ‘Three Outside Up’ candlestick chart pattern is existing. The chart shows ‘Three Outside Up’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 12.5 |
| 2nd High | 12.19 |
| Next High | 11 |
| Current Price | 10.020000000 |
| Next Low | 7.9 |
| 2nd Low | |
| 3rd Low |
11 – 12.19 – 12.06 – 10.51 – 10.62 – 11.69 —
10.170000000 – 9.860000000 —
17.728220018459 – 28.780693662293 —
– —
11.00000 – 1769799600
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Three Outside Up – – –