LINK/USDT – 30M – BUY

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

A bullish movement upwards to the next resistance at 7.953 will continue.

Caution: A possible trend reversal in the direction of the support level at 7.764 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart scenario. The currency pair is likely to rise.

Next a ‘StochRSI %K line crosses above %D line’ indicator signal is found. The indicator shows ‘StochRSI %K line crosses above %D line’. which is often a bullish chart scenario. The currency pair is likely to rise.

Next a ‘Support Level’ indicator layout is discovered. The indicator shows ‘Support Level’. which could be a positive chart signal. The currency pair could go up.

Next a ‘Three Outside Up’ candlestick chart pattern is discovered. The chart shows ‘Three Outside Up’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).

7.953 – 8.044 – 8.128 – 7.764 – 7.811 – 7.772 —
7.914000000 – 7.904000000 —
50.872659494041 – 49.737747785008 —
– —
7.953 – 1781875800

Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Three Outside Up – Rising Wedge Chart Pattern – –