The pair Chainlink/Tether (LINK/USDT) breaks through the descending trendline upwards
An ascending movement upwards to the next resistance level at 7.988 is likely expected.
Caution: A possible trend reversal in the direction of the support zone at 7.688 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘StochRSI Hidden Bullish Divergence’ indicator layout is detected. The indicator shows ‘StochRSI Hidden Bullish Divergence’. Dieses ist oftmals ein bullisches signal. Das Paar tendiert eventuell nach oben.
Additionally a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. which could be a positive chart scenario. The currency pair is likely to rise.
Additionally a ‘Three White Soldiers’ candle pattern is existing. The chart forms ‘Three White Soldiers’. which is a bullish 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’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 8.128 |
| 2nd High | 8.028 |
| Next High | 7.988 |
| Current Price | 7.881000000 |
| Next Low | 7.688 |
| 2nd Low | 7.481 |
| 3rd Low | 7.316 |
7.988 – 7.881 – 7.901 – 7.688 – 7.481 – 7.612 —
7.919000000 – 7.812000000 —
52.852619079876 – 39.698656102711 —
– —
7.988 – 1781206200
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Three White Soldiers – – –