The combination Chainlink/Tether (LINK/USDT) breaks through the bullish trendline up.
A continuation of the bullish trend up to the next resistance line at 15.930000000 will continue.
Caution: A possible counter-trend in the direction of the support line at 14.320000000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Three White Soldiers’ candle chart pattern is discovered. The candles form ‘Three White Soldiers’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 17.120000000 |
| 2nd High | 16.190000000 |
| Next High | 15.930000000 |
| Current Price | 15.350000000 |
| Next Low | 14.320000000 |
| 2nd Low | 13.540000000 |
| 3rd Low | 12.640000000 |
14.630000000 – 13.980000000 – 13.880000000 – 14.320000000 – 13.540000000 – 13.550000000
Trading Signals: FOREX – LINK – LINK/USDT – USDT – Three White Soldiers