LINK/USDT – 30M – BUY

The combination Chainlink/Tether (LINK/USDT) breaks through the bearish trendline upwards

The bullish trend up to the next resistance line at 22.970000000 is likely expected.

Caution: A possible trend reversal in the direction of the support level at 21.390000000 could be enabled.
Consider stop-loss settings accordingly.

Correction of the major bearish trend broke through the Fibonacci 0.79-Level.Continuation of the current ascending trend is likely expected. Current target is 23.04 at the Fibonacci level 1-Level. Caution: A possible trend reversal in the direction of the resistance level at 22.970000000 could be enabled.
Consider stop-loss settings accordingly.

Furthermore a ‘Northern Doji’ chart pattern is discovered. The chart forms ‘Northern Doji’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

22.970000000 – 22.170000000 – 22.150000000 – 21.390000000 – 21.360000000 – 21.840000000 — 65.098331664966 – 66.503889786908

Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Northern Doji – – –