LINK/USDT – 30M – BUYThe pair Chainlink/Tether (LINK/USDT) breaks through the descending trendline up.
An ascending movement up to the next resistance at 8.370000000 is expected.
Caution: A possible reversal of the trend in the direction of the support level at 7.15 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Three White Soldiers’ candlestick chart pattern is detected. The candles form ‘Three White Soldiers’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 9.47 |
| 2nd High | 9.27 |
| Next High | 8.370000000 |
| Current Price | 8.280000000 |
| Next Low | 7.15 |
| 2nd Low | |
| 3rd Low |
8.370000000 – 9.27 – 9.47 – 7.15 – 9.02 – 9.08 —
8.370000000 – 8.140000000 —
54.491643246865 – 48.221090822279 —
8.370000000 – 1770355800 —
– 1770355800
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Three White Soldiers – – –