LINK/USDT – 1H – BUY

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

A continuation of the uptrend upwards to the next resistance line at 8.91 will persist.

Caution: A possible counter-trend in the direction of the support level at 8.66 is within the realm of possibility.
Consider stop-loss settings accordingly.

Also there is a ‘Three Outside Up’ chart pattern is found. 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 success rate of a ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

8.91 – 8.6 – 8.57 – 8.66 – 8.17 – 8.13 —
8.850000000 – 8.830000000 —
54.561174265566 – 50.114328883064 —
– —
8.91 – 1770998400

Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Three Outside Up – – –