LINK/USDT – 30M – BUY

The currency pair Chainlink/Tether (LINK/USDT) breaks through the ascending trendline up.

A continuation of the bullish trend up to the next resistance level at 13.88 will continue.

Caution: A possible reversal of the trend in the direction of the support level at 13.4 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart scenario. The currency pair is likely to rise.

There is also a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. which is often a bullish chart signal. The pair is likely to go up.

There is also a ‘Bullish Belt Hold’ candle pattern is existing. The chart forms ‘Bullish Belt Hold’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).

13.88 – 13.58 – 13.15 – 13.4 – 13.4 – 13.31 — 51.518043535436 – 57.674509286457 — 10.867987719788 – 12.43289409468 – 34.389555617577 – 19.087703619677

Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Bullish Belt Hold – Double bottom chart pattern – –