LINK/USDT – 1H – BUYThe pair Chainlink/Tether (LINK/USDT) moves from the bearish trendline upwards
A bullish ascent up to the next resistance at 14 is certain.
Caution: A possible counter-trend in the direction of the support level at 7.9 could occur.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘RSI cross above 30’ indicator signal is existing. The indicator shows ‘RSI cross above 30’. this is usually a bullish signal. The pair is likely to go up.
In addition a ‘Northern Doji’ candlestick chart 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 chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 14.54 |
| 2nd High | 14.29 |
| Next High | 14 |
| Current Price | 12.090000000 |
| Next Low | 7.9 |
| 2nd Low | |
| 3rd Low |
14 – 14 – 14.29 – 12.77 – 12.77 – 13.12 — 29.306365487261 – 30.504363275674 — 11.506295507377 – 23.543685569002 – 5.5167273955261 – 11.902122333223
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Northern Doji – Triple top chart pattern – –