Buy LINK/USDT – 30M – BUY

The currency pair Chainlink/Tether (LINK/USDT) breaks through the bearish trendline upwards

An ascending movement up to the next resistance level at 7.342 will continue.

Caution: A possible counter-trend in the direction of support at 7.016 should always be considered.
Consider stop-loss settings accordingly.

Then a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish signal. The pair is likely to go up.

Then a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. which is often a bullish signal. The currency pair is likely to rise.

Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend will continue. Current target is 7.424852 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the resistance line at 7.342 should always be considered.
Consider stop-loss settings accordingly.

Support & Resistance Price Range*
3rd High 7.7
2nd High 7.553
Next High 7.342
Current Price 7.337000000
Next Low 7.016
2nd Low 7.01
3rd Low

7.342 – 7.301 – 7.553 – 7.016 – 7.01 – 7.382 —
7.192000000 – 7.279000000 —
41.500865425487 – 51.871059355643 —
– —
7.342 – 1782459000

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