LINK/USDT – 30M – SELLFurthermore a ‘Double top chart pattern’ chart layout is found. The chart picture forms ‘Double top chart pattern’. which is a bearish pattern signal. The currency pair is likely to go down.
The combination Chainlink/Tether (LINK/USDT) goes from the descending trendline down.
A continuation of the bearish trend down to the next support at 7.9 is expected.
Caution: A possible change in the direction of the resistance zone at 14.29 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘%K crosses below %D’ indicator layout is found. The indicator is ‘%K crosses below %D’. this is usually a bearish chart scenario. The pair is likely to go down.
Furthermore a ‘Northern Doji’ candle pattern is discovered. The chart shows ‘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 | 16.02 |
| 2nd High | 14.54 |
| Next High | 14.29 |
| Current Price | 13.280000000 |
| Next Low | 7.9 |
| 2nd Low | |
| 3rd Low |
14.29 – 14.54 – 14.34 – 13.4 – 13.85 – 13.83 — 49.894293803245 – 42.033653432636 — 96.805414551607 – 84.830219328824 – 94.969275374796 – 92.81368281068
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Northern Doji – Double top chart pattern – –