The currency pair Chainlink/Tether (LINK/USDT) breaks through the bullish trendline upwards
A continuation of the uptrend upwards to the next resistance line at 9.87 will persist.
Caution: A possible trend reversal in the direction of support at 9.09 could be enabled.
Consider stop-loss settings accordingly.
Also there is a ‘Three White Soldiers’ candlestick pattern is detected. The chart forms ‘Three White Soldiers’. this is a bullish signal. 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’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 9.95 |
| 2nd High | 9.93 |
| Next High | 9.87 |
| Current Price | 9.810000000 |
| Next Low | 9.09 |
| 2nd Low | 9.07 |
| 3rd Low | 9.06 |
9.66 – 9.21 – 9.25 – 9.09 – 9.07 – 9.06 —
9.820000000 – 9.750000000 —
77.481858406907 – 66.786189021965 —
– —
9.66 – 1777885200
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Three White Soldiers – – –