The pair Chainlink/Tether (LINK/USDT) jumps from the bearish trendline upwards
A bullish ascent up to the next resistance at 8.78 is considered certain.
Caution: A possible counter-trend in the direction of support at 8.53 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Support Level’ indicator signal is detected. The indicator is ‘Support Level’. this is usually a bullish chart scenario. The currency pair could go up.
Additionally a ‘Three Outside Up’ candlestick chart pattern is found. The candles form ‘Three Outside Up’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 9.33 |
| 2nd High | 9.3 |
| Next High | 8.78 |
| Current Price | 8.560000000 |
| Next Low | 8.53 |
| 2nd Low | 8.21 |
| 3rd Low | 8.16 |
8.78 – 9.3 – 9.33 – 8.53 – 8.73 – 9.07 —
8.670000000 – 8.550000000 —
41.935216410537 – 34.015365762703 —
– —
8.78 – 1772964000
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Three Outside Up – – –