LINK/USDT – 4H – BUYThe currency pair Chainlink/Tether (LINK/USDT) breaks through the descending trendline up.
An ascent upwards to the next resistance line at 9.27 is expected.
Caution: A possible counter-trend in the direction of the support level at is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive signal. The currency pair could go up.
Furthermore a ‘MACD crosses above signal’ indicator signal is detected. The indicator shows ‘MACD crosses above signal’. which could be a positive signal. The currency pair could go up.
Furthermore a ‘Three Outside Up’ candlestick pattern is detected. The chart shows ‘Three Outside Up’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 13.9 |
| 2nd High | 9.59 |
| Next High | 9.27 |
| Current Price | 9.130000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
9.27 – 9.59 – 9 – 8.21 – 8.05 – 8.35 —
9.120000000 – 8.900000000 —
54.063376397349 – 48.345470114587 —
– —
9.27 – 1772467200
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Three Outside Up – – –