LINK/USDT – 30M – BUY

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

A continuation of the upward movement up to the next resistance level at 23.240000000 is likely expected.

Caution: A possible trend reversal in the direction of the support line at 22.120000000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. this is usually a bullish chart signal. The pair is likely to go up.

Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is likely expected. Current target is 22.8 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the resistance level at 23.240000000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Northern Doji’ candlestick pattern is found. The chart forms ‘Northern Doji’. which is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

22.800000000 – 22.470000000 – 22.470000000 – 22.120000000 – 22.130000000 – 21.870000000 — 69.917289052347 – 75.624101258176

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