The pair Chainlink/Tether (LINK/USDT) breaks through the bearish trendline up.
A bullish ascent upwards to the next resistance line at 10.07 is expected.
Caution: A possible counter-trend in the direction of the support zone at could be enabled.
Consider stop-loss settings accordingly.
In addition a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive signal. The currency pair is likely to rise.
In addition a ‘MACD crosses above signal’ indicator layout is existing. The indicator is ‘MACD crosses above signal’. which could be a positive signal. The currency pair is likely to rise.
In addition a ‘Three White Soldiers’ candlestick chart pattern is discovered. The candles show ‘Three White Soldiers’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 10.84 |
| 2nd High | 10.26 |
| Next High | 10.07 |
| Current Price | 10.010000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
10.07 – 10.26 – 9.85 – 9.88 – 9.32 – 9.09 —
9.980000000 – 9.930000000 —
40.984630235446 – 46.936161311162 —
– —
10.07 – 1778103000
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Three White Soldiers – – –