The pair Chainlink/Tether (LINK/USDT) breaks through the bullish trendline up.
A continuation of the bullish trend up to the next resistance line at 8.128 is considered certain.
Caution: A possible change in the direction of support at 7.783000000 could happen.
Consider stop-loss settings accordingly.
Additionally a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. which is often a bullish chart signal. The currency pair could go up.
Additionally a ‘Three White Soldiers’ candlestick 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’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 8.469 |
| 2nd High | 8.136 |
| Next High | 8.128 |
| Current Price | 8.113000000 |
| Next Low | 7.783000000 |
| 2nd Low | 7.753 |
| 3rd Low |
8.05 – 8.044 – 7.949 – 7.783000000 – 7.938 – 7.858 —
7.836000000 – 8.147000000 —
29.627438750147 – 73.934659469485 —
7.783000000 – 1781460000 —
8.05 – 1781386200
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Three White Soldiers – – –