The pair Chainlink/Tether (LINK/USDT) breaks through the bullish trendline up.
A continuation of the uptrend upwards to the next resistance line at 8.87 is considered certain.
Caution: A possible trend reversal in the direction of the support level at 8.4 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ” indicator layout is existing. The indicator is ”. which is often a bearish chart signal. The currency pair is likely to fall.
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Moreover a ‘StochRSI %K line crosses below %D line’ indicator layout is existing. The indicator is ‘StochRSI %K line crosses below %D line’. which is often a bearish chart signal. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 9.33 |
| 2nd High | 9.3 |
| Next High | 8.87 |
| Current Price | 8.950000000 |
| Next Low | 8.4 |
| 2nd Low | 8.21 |
| 3rd Low | 8.16 |
8.87 – 8.7 – 8.78 – 8.4 – 8.5 – 8.53 —
8.800000000 – 8.960000000 —
57.7699337382 – 68.228087163603 —
– —
8.87 – 1773034200