The currency pair Chainlink/Tether (LINK/USDT) breaks through the bearish trendline up.
A bullish ascent up to the next resistance line at 22.170000000 will persist.
Caution: A possible counter-trend in the direction of the support zone at 21.360000000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish signal. The currency pair is likely to rise.
Moreover a ‘Support Level’ indicator layout is discovered. The indicator shows ‘Support Level’. this is usually a bullish chart signal. The pair is likely to go up.
Moreover a ‘Northern Doji’ candlestick chart pattern is discovered. The chart forms ‘Northern Doji’. which is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 24.310000000 |
| 2nd High | 23.040000000 |
| Next High | 22.170000000 |
| Current Price | 21.980000000 |
| Next Low | 21.360000000 |
| 2nd Low | 21.020000000 |
| 3rd Low | 16.570000000 |
22.170000000 – 22.150000000 – 23.040000000 – 21.360000000 – 21.840000000 – 21.510000000 — 56.168955510965 – 56.994430852908
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Northern Doji – Double top retreat up – –