LINK/USDT – 30M – BUY

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

A continuation of the bullish trend up to the next resistance at 9.87 is likely expected.

Caution: A possible trend reversal in the direction of the support level at 9.32 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Moreover a ‘Three Outside Up’ candle pattern is detected. The chart shows ‘Three Outside Up’. 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 probability of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

9.85 – 9.82 – 9.55 – 9.32 – 9.09 – 9.07 —
9.870000000 – 10.200000000 —
62.992666936501 – 77.336285094391 —
– —
9.85 – 1778018400

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