LINK/USDT – 1H – BUY

The currency pair Chainlink/Tether (LINK/USDT) goes from the ascending trendline upwards

A continuation of the upward movement up to the next resistance level at 9.05 is certain.

Caution: A possible trend reversal in the direction of the support zone at 8.17 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish chart signal. The pair is likely to go up.

And also a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. which is often a bullish chart signal. The pair is likely to go up.

Correction of the major bearish trend broke the Fibonacci 0-Level.Continuation of the current ascending trend is certain. Current target is 8.5152 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of resistance at 9.05 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Three White Soldiers’ candle chart pattern is found. The candles form ‘Three White Soldiers’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ going up is 82%.

9.05 – 9.02 – 9 – 8.45 – 8.35 – 8.52 —
8.270000000 – 8.250000000 —
37.463196029277 – 41.784722748129 —
– —
9.05 – 1771682400

Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Three White Soldiers – – –