The currency pair Chainlink/Tether (LINK/USDT) breaks through the descending trendline up.
The bullish trend up to the next resistance at 8.57 is considered certain.
Caution: A possible reversal of the trend in the direction of the support line at 8.13 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘Support Level’ indicator signal is discovered. The indicator is ‘Support Level’. this is usually a bullish chart scenario. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 8.67 |
| 2nd High | 8.62 |
| Next High | 8.57 |
| Current Price | 8.580000000 |
| Next Low | 8.13 |
| 2nd Low | 7.15 |
| 3rd Low |
8.46 – 8.57 – 8.62 – 8.13 – 8.47 – 8.47 —
8.520000000 – 8.540000000 —
64.609514782905 – 61.495767381776 —
– —
8.46 – 1770845400
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – – Double bottom chart pattern – –