LINK/USDT – 4H – BUYThe currency pair Chainlink/Tether (LINK/USDT) breaks through the bearish trendline upwards
The bullish trend up to the next resistance level at 9 is considered certain.
Caution: A possible counter-trend in the direction of the support level at 8.13 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Three White Soldiers’ chart pattern is discovered. The chart forms ‘Three White Soldiers’. which is a positive pattern signal. The currency 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 | 14.4 |
| 2nd High | 13.9 |
| Next High | 9 |
| Current Price | 8.610000000 |
| Next Low | 8.13 |
| 2nd Low | 7.15 |
| 3rd Low |
9 – 13.9 – 14.4 – 8.13 – 8.44 – 7.15 —
8.900000000 – 8.550000000 —
52.58340811928 – 41.900622879104 —
– —
9 – 1771286400
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Three White Soldiers – Double top retreat up – –