LINK/USDT – 1H – BUY

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

The bullish trend upwards to the next resistance at 24.310000000 will continue.

Caution: A possible reversal of the trend in the direction of the support line at 21.390000000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

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

Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend will continue. Current target is 23.86208 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the resistance zone at 24.310000000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Three White Soldiers’ chart pattern is detected. The chart forms ‘Three White Soldiers’. 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 probability of ‘Three White Soldiers’ going up is 82%.

23.040000000 – 24.310000000 – 24.740000000 – 21.390000000 – 21.360000000 – 21.510000000 — 70.965821836213 – 78.133112909889

Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Three White Soldiers – Double bottom chart pattern – –