LINK/USDT – 4H – BUY

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

An ascent upwards to the next resistance line at 9.64 will continue.

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

Also there is a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive chart scenario. The pair is likely to go up.

Correction of the major bearish trend broke the Fibonacci 0.5-Level.Continuation of the current ascending trend will continue. Current target is 9.29974 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the resistance line at 9.64 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Three White Soldiers’ candlestick chart pattern is discovered. The candles show ‘Three White Soldiers’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ heading up is 82%.

9.64 – 9.27 – 9.59 – 8.21 – 8.05 – 8.35 —
8.670000000 – 8.860000000 —
38.401736294304 – 48.129929322574 —
– —
9.64 – 1772640000

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