The pair Chainlink/Tether (LINK/USDT) moves from the bullish trendline upwards
A continuation of the uptrend upwards to the next resistance at 13.22 will persist.
Caution: A possible counter-trend in the direction of support at 12.55 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. which could be a positive chart scenario. The currency pair could go up.
Also there is a ‘Northern Doji’ candlestick pattern is found. 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 success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 14 |
| 2nd High | 13.34 |
| Next High | 13.22 |
| Current Price | 12.920000000 |
| Next Low | 12.55 |
| 2nd Low | 12.35 |
| 3rd Low | 11.74 |
13.22 – 13.05 – 13.21 – 12.92 – 12.55 – 12.66 — 42.818633194979 – 48.731099828354 — 13.269442822858 – 36.143542842317 – 5.79665575108 – 17.157749293455
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Northern Doji – Double top retreat up – –