LINK/USDT – 30M – BUY

The combination Chainlink/Tether (LINK/USDT) breaks through the ascending trendline upwards

A continuation of the uptrend up to the next resistance level at 8.633 will persist.

Caution: A possible counter-trend in the direction of the support line at 7.795 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘Three Outside Up’ candle chart pattern is detected. The chart forms ‘Three Outside Up’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

8.633 – 8.406 – 7.993 – 7.795 – 7.854 – 7.709 —
8.522000000 – 8.541000000 —
59.740144820384 – 56.88810798581 —
– —
8.633 – 1784120400

Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Three Outside Up – Symmetrical Triangle Chart Pattern – –