LINK/USDT – 30M – SELLThe combination Chainlink/Tether (LINK/USDT) jumps from the bearish trendline downwards
A continuation of the downward movement down to the next support line at 23.100000000 will persist.
Caution: A possible trend reversal in the direction of the resistance level at 23.750000000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Northern Doji’ candlestick pattern is detected. The candles form ‘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 probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 23.870000000 |
| 2nd High | 23.760000000 |
| Next High | 23.750000000 |
| Current Price | 23.400000000 |
| Next Low | 23.100000000 |
| 2nd Low | 22.970000000 |
| 3rd Low | 22.890000000 |
23.750000000 – 23.760000000 – 23.870000000 – 23.100000000 – 23.160000000 – 22.970000000 — 55.321296349597 – 46.666137748916
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Northern Doji – – –