LINK/USDT – 1H – BUY

The combination Chainlink/Tether (LINK/USDT) goes from the bearish trendline up.

An ascending movement upwards to the next resistance level at 11 will persist.

Caution: A possible reversal of the trend in the direction of the support line at 7.9 is also possible.
Consider stop-loss settings accordingly.

Furthermore a ‘Bullish Separating Lines’ chart pattern is detected. The chart shows ‘Bullish Separating Lines’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Separating Lines’ going up is 72% (Bull Market) & 69% (Bear Market).

11 – 12.19 – 12.06 – 10.51 – 10.62 – 11.69 —
9.980000000 – 10.050000000 —
11.428662448852 – 40.542735967377 —
– —
11.00000 – 1769799600

Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Bullish Separating Lines – – –