The combination Chainlink/Tether (LINK/USDT) breaks through the descending trendline upwards
A bullish movement upwards to the next resistance at 7.483 is expected.
Caution: A possible trend reversal in the direction of the support zone at 7.123 could occur.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘StochRSI %K line crosses below %D line’ indicator layout is found. The indicator shows ‘StochRSI %K line crosses below %D line’. which is often a bearish signal. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 8.155 |
| 2nd High | 7.7 |
| Next High | 7.483 |
| Current Price | 7.524000000 |
| Next Low | 7.123 |
| 2nd Low | |
| 3rd Low |
7.483 – 7.7 – 7.672 – 7.123 – 7.533 – 7.479 —
7.424000000 – 7.530000000 —
51.438361730295 – 61.910165857521 —
– —
7.483 – 1782338400