LINK/USDT – 4H – BUY

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

A bullish ascent upwards to the next resistance line at 9.64 is likely expected.

Caution: A possible trend reversal in the direction of the support zone at 8.21 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘Three Outside Up’ candlestick chart pattern is discovered. The candles form ‘Three Outside Up’. this 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 Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).

9.64 – 9.27 – 9.59 – 8.21 – 8.05 – 8.35 —
8.810000000 – 8.700000000 —
37.995477258502 – 36.774656447789 —
– —
9.64 – 1772640000

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