LINK/USDT – 30M – BUYThe pair Chainlink/Tether (LINK/USDT) goes from the bullish trendline upwards
A continuation of the bullish trend up to the next resistance level at 9 will persist.
Caution: A possible counter-trend in the direction of the support line at 8.65 could occur.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Tweezers Bottom’ candlestick chart pattern is detected. The candles show ‘Tweezers Bottom’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Tweezers Bottom’ going up is 52% (Bull Market) & 56% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 9.05 |
| 2nd High | 9.02 |
| Next High | 9 |
| Current Price | 8.820000000 |
| Next Low | 8.65 |
| 2nd Low | 8.3 |
| 3rd Low | 8.17 |
9 – 8.99 – 8.86 – 8.65 – 8.66 – 8.68 —
8.880000000 – 8.810000000 —
43.797274112543 – 42.579251012674 —
– —
9 – 1771295400
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Tweezers Bottom – – –