LINK/USDT – 4H – BUYThe currency pair Chainlink/Tether (LINK/USDT) breaks through the descending trendline upwards
A bullish ascent up to the next resistance level at 9 will persist.
Caution: A possible counter-trend in the direction of the support line at 8.13 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘StochRSI %K line crosses above %D line’ indicator signal is existing. The indicator shows ‘StochRSI %K line crosses above %D line’. which could be a positive chart signal. The currency pair could go up.
Additionally a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. which is often a bullish chart signal. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 14.4 |
| 2nd High | 13.9 |
| Next High | 9 |
| Current Price | 8.520000000 |
| Next Low | 8.13 |
| 2nd Low | 7.15 |
| 3rd Low |
9 – 13.9 – 14.4 – 8.13 – 8.44 – 7.15 —
9.000000000 – 8.610000000 —
50.655948466681 – 38.179682312533 —
– —
9 – 1771286400