LINK/USDT – 1H – BUYThe pair Chainlink/Tether (LINK/USDT) breaks through the ascending trendline upwards
A continuation of the bullish trend upwards to the next resistance at 8.616 is likely expected.
Caution: A possible change in the direction of the support level at 7.753 is also possible.
Consider stop-loss settings accordingly.
In addition a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. which could be a positive chart 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 positive chart scenario. 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 | 9.301 |
| 2nd High | 9.113 |
| Next High | 8.616 |
| Current Price | 8.181000000 |
| Next Low | 7.753 |
| 2nd Low | 7.688 |
| 3rd Low | 7.481 |
8.05 – 8.011 – 7.988 – 7.753 – 7.688 – 7.481 —
7.880000000 – 8.147000000 —
32.633343119507 – 69.56833960942 —
– —
8.05 – 1781384400
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Three White Soldiers – – –