LINK/USDT – 1H – BUYThe combination Chainlink/Tether (LINK/USDT) breaks through the ascending trendline up.
A continuation of the bullish trend up to the next resistance line at 14 will persist.
Caution: A possible change in the direction of the support level at 12.55 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘RSI cross above 70’ indicator signal is found. The indicator shows ‘RSI cross above 70’. which is often a bullish chart signal. The pair is likely to go up.
Moreover a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. this is usually a bullish chart scenario. The pair is likely to go up.
Moreover a ‘Northern Doji’ candle pattern is discovered. The chart shows ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to go up. 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 | 13.490000000 |
| Next Low | 12.55 |
| 2nd Low | 12.3 |
| 3rd Low | 11.74 |
13.22 – 13.21 – 12.85 – 12.55 – 12.3 – 12.35 — 67.605634768819 – 70.661315273424 — 70.379721470795 – 91.628093377417 – 50.053318164623 – 69.048860213759
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Northern Doji – – –