The combination Chainlink/Tether (LINK/USDT) breaks through the ascending trendline up.
A continuation of the uptrend upwards to the next resistance at 25.410000000 is expected.
Caution: A possible trend reversal in the direction of the support level at 24.160000000 could occur.
Consider stop-loss settings accordingly.
There is also a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. which could be a positive chart scenario. The currency pair could go up.
There is also a ‘Northern Doji’ candle pattern is existing. The candles show ‘Northern Doji’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 26.460000000 |
| 2nd High | 26.030000000 |
| Next High | 25.410000000 |
| Current Price | 24.980000000 |
| Next Low | 24.160000000 |
| 2nd Low | 23.310000000 |
| 3rd Low | 23.200000000 |
24.800000000 – 24.270000000 – 23.930000000 – 24.160000000 – 23.310000000 – 23.200000000 — 63.326376253159 – 67.66215949853
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Northern Doji – – –