LINK/USDT – 4H – BUY

The pair Chainlink/Tether (LINK/USDT) breaks through the descending trendline upwards

The bullish trend upwards to the next resistance line at 9.19 is certain.

Caution: A possible trend reversal in the direction of the support level at 8.4 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish chart signal. The pair is likely to go up.

Then a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. which is often a bullish signal. The currency pair could go up.

Then a ‘Bearish Harami Cross’ candle pattern is detected. The candles show ‘Bearish Harami Cross’. which is a negative signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish Harami Cross’ heading down is 57% (Bull Market) & 56% (Bear Market).

9.19 – 9.64 – 9.27 – 8.4 – 8.21 – 8.05 —
9.040000000 – 9.110000000 —
48.641965910987 – 54.018549071032 —
– —
9.19 – 1773144000

Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Bearish Harami Cross – – –