LINK/USDT – 30M – BUY

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

An ascending movement up to the next resistance level at 13.38 will persist.

Caution: A possible trend reversal in the direction of the support level at 13.06 is within the realm of possibility.
Consider stop-loss settings accordingly.

Then a ‘Support Level’ indicator signal is discovered. The indicator is ‘Support Level’. which is often a bullish chart scenario. The currency pair is likely to rise.

Correction of the major bullish trend halted around the Fibonacci 1-Level.Continuation of the current ascending trend will persist. Current target is 13.28894 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the resistance level at 13.38 is within the realm of possibility.
Consider stop-loss settings accordingly.

Then a ‘Tweezers Bottom’ candlestick pattern is found. The chart forms ‘Tweezers Bottom’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Tweezers Bottom’ going up is 52% (Bull Market) & 56% (Bear Market).

13.38 – 13.94 – 14.07 – 13.06 – 13.03 – 13.29 — 41.662181802293 – 59.750500255271 — 37.445916848266 – 44.754425151727 – 34.376791547536 – 39.875403265835

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