LINK/USDT – 1H – BUY

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

A bullish ascent up to the next resistance level at 9.19 is likely expected.

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

In addition a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart scenario. The currency pair is likely to rise.

Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is likely expected. Current target is 9.23276 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of resistance at 9.19 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

9.19 – 9.1 – 8.78 – 8.85 – 8.4 – 8.53 —
9.180000000 – 9.000000000 —
62.277707191605 – 49.699323071923 —
– —
9.19 – 1773154800

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