LINK/USDT – 1H – BUYThe currency pair Chainlink/Tether (LINK/USDT) goes from the bearish trendline up.
An ascending movement up to the next resistance at 14.290000000 is expected.
Caution: A possible change in the direction of support at 7.9 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Northern Doji’ candle pattern is discovered. The chart forms ‘Northern Doji’. which is a positive 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’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 16.02 |
| 2nd High | 14.54 |
| Next High | 14.290000000 |
| Current Price | 13.330000000 |
| Next Low | 7.9 |
| 2nd Low | |
| 3rd Low |
14.290000000 – 14.54 – 14.34 – 13.4 – 13.85 – 13.58 — 34.649342525634 – 36.98878397066 — 5.175397763216 – 10.166982967499 – 2.714617077062 – 5.7737832364538
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Northern Doji – Triple top chart pattern – –