LINK/USDT – 1H – BUYAdditionally a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. which could be a positive chart scenario. The currency pair could go up.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is expected. Current target is 9.42 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of resistance at 9.28 is also possible.
Consider stop-loss settings accordingly.
Additionally a ‘Three White Soldiers’ chart pattern is discovered. The candles form ‘Three White Soldiers’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 9.6 |
| 2nd High | 9.42 |
| Next High | 9.28 |
| Current Price | 9.350000000 |
| Next Low | 9.07 |
| 2nd Low | 9.06 |
| 3rd Low | 8.91 |
9.21 – 9.25 – 9.28 – 9.07 – 9.06 – 8.91 —
9.170000000 – 9.270000000 —
53.103879724143 – 66.668438060837 —
– —
9.21 – 1777809600
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Three White Soldiers – – –