The pair Chainlink/Tether (LINK/USDT) breaks through the ascending trendline upwards
A continuation of the uptrend upwards to the next resistance line at 9.87 will persist.
Caution: A possible change in the direction of the support zone at 9.09 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Three Outside Up’ candle chart pattern is found. The candles show ‘Three Outside Up’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 9.95 |
| 2nd High | 9.93 |
| Next High | 9.87 |
| Current Price | 10.160000000 |
| Next Low | 9.09 |
| 2nd Low | 9.07 |
| 3rd Low | 9.06 |
9.66 – 9.21 – 9.25 – 9.09 – 9.07 – 9.06 —
9.830000000 – 9.920000000 —
68.810357019094 – 67.524896405912 —
– —
9.66 – 1777885200
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Three Outside Up – – –