LINK/USDT – 30M – BUY

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

A continuation of the uptrend upwards to the next resistance level at 9.3 will persist.

Caution: A possible counter-trend in the direction of support at 8.73 could happen.
Consider stop-loss settings accordingly.

Furthermore a ‘Tweezers Bottom’ candlestick chart pattern is existing. The chart forms ‘Tweezers Bottom’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Tweezers Bottom’ going up is 52% (Bull Market) & 56% (Bear Market).

9.3 – 9.33 – 9.49 – 8.73 – 9.07 – 9.18 —
8.820000000 – 8.780000000 —
33.030442851355 – 34.280212618547 —
– —
9.3 – 1772782200

Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Tweezers Bottom – – –