The combination Chainlink/Tether (LINK/USDT) breaks through the ascending trendline upwards
A continuation of the upward movement upwards to the next resistance level at 24.310000000 is certain.
Caution: A possible trend reversal in the direction of the support zone at 21.390000000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Three White Soldiers’ candle chart pattern is discovered. The candles show ‘Three White Soldiers’. this is a bullish chart scenario. 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 | 24.740000000 |
| 2nd High | 24.370000000 |
| Next High | 24.310000000 |
| Current Price | 24.210000000 |
| Next Low | 21.390000000 |
| 2nd Low | 21.360000000 |
| 3rd Low | 21.020000000 |
22.970000000 – 22.170000000 – 22.150000000 – 21.390000000 – 21.360000000 – 21.840000000 — 80.117789586772 – 83.339340720347
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Three White Soldiers – Double bottom chart pattern – –