LINK/USDT – 1H – BUYThe currency pair Chainlink/Tether (LINK/USDT) breaks through the bullish trendline upwards
A continuation of the uptrend up to the next resistance line at 10.26 is expected.
Caution: A possible change in the direction of the support zone at 9.09 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Furthermore a ‘Three White Soldiers’ chart pattern is found. The candles show ‘Three White Soldiers’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 12.19 |
| 2nd High | 11 |
| Next High | 10.26 |
| Current Price | 10.050000000 |
| Next Low | 9.09 |
| 2nd Low | 9.07 |
| 3rd Low | 9.06 |
10.26 – 9.66 – 9.21 – 9.09 – 9.07 – 9.06 —
10.220000000 – 10.030000000 —
78.853941156067 – 58.765124203481 —
– —
10.26 – 1778065200
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Three White Soldiers – – –