The pair Chainlink/Tether (LINK/USDT) breaks through the descending trendline upwards
An ascent upwards to the next resistance line at 8.633 is certain.
Caution: A possible trend reversal in the direction of the support level at is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart scenario. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 9.686 |
| 2nd High | 9.315 |
| Next High | 8.633 |
| Current Price | 8.247000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
8.633 – 8.172 – 8.176 – 7.795 – 7.522 – 7.076 —
8.570000000 – 8.225000000 —
72.655543692607 – 46.706023911279 —
– —
8.633 – 1784117100