LINK/USDT – 1H – BUY

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

The bullish trend upwards to the next resistance line at 7.7 is likely expected.

Caution: A possible trend reversal in the direction of the support zone at 7.123 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Support Level’ indicator layout is existing. The indicator is ‘Support Level’. this is usually a bullish signal. The currency pair could go up.

Then a ‘Three White Soldiers’ candle chart pattern is detected. The chart forms ‘Three White Soldiers’. which is a bullish chart scenario. 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%.

7.7 – 8.155 – 8.023 – 7.123 – 7.479 – 7.769 —
7.452000000 – 7.478000000 —
47.255036441001 – 50.458062680034 —
– —
7.7 – 1782298800

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