LINK/USDT – 30M – BUY

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

A bullish movement upwards to the next resistance level at 8.044 is expected.

Caution: A possible counter-trend in the direction of the support level at 7.811 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘StochRSI %K line crosses above %D line’ indicator signal is existing. The indicator is ‘StochRSI %K line crosses above %D line’. this is usually a bullish chart scenario. The pair is likely to go up.

Moreover a ‘Support Level’ indicator layout is detected. The indicator shows ‘Support Level’. which is often a bullish chart scenario. The pair is likely to go up.

Moreover a ‘Three Outside Up’ candlestick pattern is detected. The candles form ‘Three Outside Up’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).

8.044 – 8.128 – 8.137 – 7.811 – 7.772 – 7.89 —
7.832000000 – 7.917000000 —
34.989589103772 – 48.686231620387 —
– —
8.044 – 1781830800

Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Three Outside Up – – –