LINK/USDT – 30M – BUYThe combination Chainlink/Tether (LINK/USDT) breaks through the bearish trendline up.
A bullish ascent up to the next resistance at 23.670000000 is expected.
Caution: A possible reversal of the trend in the direction of the support level at 22.890000000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘Northern Doji’ chart pattern is existing. The candles show ‘Northern Doji’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 23.970000000 |
| 2nd High | 23.820000000 |
| Next High | 23.670000000 |
| Current Price | 23.680000000 |
| Next Low | 22.890000000 |
| 2nd Low | 22.830000000 |
| 3rd Low | 22.120000000 |
23.670000000 – 23.820000000 – 23.310000000 – 22.890000000 – 22.830000000 – 22.860000000 — 60.353870513287 – 62.182982242558
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Northern Doji – – –