LINK/USDT – 30M – BUYThe pair Chainlink/Tether (LINK/USDT) breaks through the bearish trendline upwards
A bullish trend upwards to the next resistance at 12.1 will persist.
Caution: A possible trend reversal in the direction of the support level at could happen.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish signal. The pair is likely to go up.
Then a ‘Northern Doji’ candlestick pattern is detected. The candles show ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to go up. 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 | 13.34 |
| 2nd High | 12.37 |
| Next High | 12.1 |
| Current Price | 12.060000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
12.1 – 12.37 – 13.34 – 11.74 – 11.75 – 11.79 — 54.622503129239 – 55.195872876213 — 76.266180355904 – 66.632742716208 – 76.606291840697 – 73.896856238045
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Northern Doji – – –