The combination Chainlink/Tether (LINK/USDT) breaks through the descending trendline up.
An ascent up to the next resistance line at 9.86 will continue.
Caution: A possible trend reversal in the direction of the support zone at 9.52 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Next a ‘Support Level’ indicator signal is detected. The indicator is ‘Support Level’. which is often a bullish chart signal. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 10.08 |
| 2nd High | 10.04 |
| Next High | 9.86 |
| Current Price | 9.750000000 |
| Next Low | 9.52 |
| 2nd Low | 9.02 |
| 3rd Low | 8.97 |
9.86 – 10.04 – 10.08 – 9.52 – 9.58 – 9.7 —
9.620000000 – 9.720000000 —
40.586923524713 – 49.652261487614 —
– —
9.86 – 1770093000
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – – Double bottom chart pattern – –