LINK/USDT – 1H – BUY

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

A bullish movement up to the next resistance level at 8.57 is certain.

Caution: A possible change in the direction of the support line at 8.13 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. which is often a bullish signal. The currency pair is likely to rise.

There is also a ‘Tweezers Bottom’ candlestick pattern is existing. The candles form ‘Tweezers Bottom’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Tweezers Bottom’ heading up is 52% (Bull Market) & 56% (Bear Market).

8.57 – 9.02 – 9.05 – 8.13 – 8.47 – 8.44 —
8.450000000 – 8.600000000 —
53.302047015543 – 63.454533281606 —
– —
8.57 – 1770818400

Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Tweezers Bottom – Double bottom chart pattern – –