LINK/USDT – 1H – BUYThe currency pair Chainlink/Tether (LINK/USDT) breaks through the bullish trendline upwards
A continuation of the upward movement up to the next resistance level at 23.930000000 is likely expected.
Caution: A possible change in the direction of the support zone at 23.310000000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Northern Doji’ candle chart pattern is detected. The candles show ‘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 probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 24.060000000 |
| 2nd High | 23.970000000 |
| Next High | 23.930000000 |
| Current Price | 24.620000000 |
| Next Low | 23.310000000 |
| 2nd Low | 23.200000000 |
| 3rd Low | 22.830000000 |
23.930000000 – 23.820000000 – 23.310000000 – 23.310000000 – 23.200000000 – 22.830000000 — 56.070265231565 – 62.703622797147
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Northern Doji – Double bottom chart pattern – –