The combination Chainlink/Tether (LINK/USDT) breaks through the ascending trendline upwards
A continuation of the upward movement upwards to the next resistance level at 9.1 is certain.
Caution: A possible counter-trend in the direction of the support level at 8.85 should always be considered.
Consider stop-loss settings accordingly.
There is also a ‘MACD crosses above signal’ indicator layout is existing. The indicator shows ‘MACD crosses above signal’. which could be a positive chart signal. The currency pair could go up.
Correction of the major bearish trend broke the Fibonacci 0.79-Level.Continuation of the current ascending trend is certain. Target of the current trend is 9.1 at the Fibonacci level 1-Level. Caution: A possible counter-trend in the direction of resistance at 9.1 should always be considered.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 9.33 |
| 2nd High | 9.3 |
| Next High | 9.1 |
| Current Price | 9.020000000 |
| Next Low | 8.85 |
| 2nd Low | 8.4 |
| 3rd Low | 8.21 |
9.1 – 8.87 – 8.7 – 8.85 – 8.4 – 8.5 —
8.960000000 – 9.030000000 —
53.684999644432 – 50.166188020974 —
– —
9.1 – 1773084600