The pair Chainlink/Tether (LINK/USDT) breaks through the bullish trendline upwards
A continuation of the bullish trend upwards to the next resistance line at 9.42 will continue.
Caution: A possible trend reversal in the direction of the support level at 9.09 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Three White Soldiers’ chart pattern is discovered. The candles show ‘Three White Soldiers’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 9.87 |
| 2nd High | 9.6 |
| Next High | 9.42 |
| Current Price | 9.520000000 |
| Next Low | 9.09 |
| 2nd Low | 9.07 |
| 3rd Low | 9.06 |
9.21 – 9.25 – 9.21 – 9.09 – 9.07 – 9.06 —
9.370000000 – 9.450000000 —
64.863464044131 – 69.118102396194 —
– —
9.21 – 1777809600
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Three White Soldiers – – –