The currency pair Chainlink/Tether (LINK/USDT) breaks through the bearish trendline up.
The bullish trend up to the next resistance level at 8.37 will persist.
Caution: A possible trend reversal in the direction of the support level at is within the realm of possibility.
Consider stop-loss settings accordingly.
Then a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish chart scenario. The pair is likely to go up.
Then a ‘Three White Soldiers’ candle pattern is existing. The chart shows ‘Three White Soldiers’. this is a bullish chart scenario. The currency pair is likely to rise. 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 | 9.47 |
| 2nd High | 9.27 |
| Next High | 8.37 |
| Current Price | 8.810000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
8.37 – 9.27 – 9.47 – 7.15 – 9.02 – 9.08 —
8.320000000 – 8.640000000 —
55.109328074196 – 67.558026322705 —
– —
8.37 – 1770355800
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Three White Soldiers – – –