The combination Chainlink/Tether (LINK/USDT) breaks through the bullish trendline up.
A continuation of the bullish trend up to the next resistance level at will persist.
Caution: A possible trend reversal in the direction of support at 21.020000000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘RSI cross above 70’ indicator layout is discovered. The indicator is ‘RSI cross above 70’. which is often a bullish signal. The currency pair is likely to rise.
Next a ‘StochRSI cross above 20’ indicator layout is discovered. The indicator is ‘StochRSI cross above 20’. which is often a bullish signal. The currency pair is likely to rise.
Next a ‘Three White Soldiers’ candlestick pattern is detected. The candles form ‘Three White Soldiers’. which is a positive chart scenario. 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 | |
| 2nd High | |
| Next High | |
| Current Price | 24.550000000 |
| Next Low | 21.020000000 |
| 2nd Low | 16.570000000 |
| 3rd Low | 16.030000000 |
22.700000000 – 21.470000000 – 16.910000000 – 21.020000000 – 21.150000000 – 16.570000000 — 66.215167017564 – 69.460101523673
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Three White Soldiers – Double bottom chart pattern – –