LINK/USDT – 30M – BUYThe pair Chainlink/Tether (LINK/USDT) goes from the bullish trendline up.
A continuation of the upward movement up to the next resistance line at 13.510000000 will continue.
Caution: A possible reversal of the trend in the direction of the support level at 12.75 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Tweezers Bottom’ candle pattern is existing. The chart forms ‘Tweezers Bottom’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Tweezers Bottom’ heading up is 52% (Bull Market) & 56% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 13.510000000 |
| Current Price | 13.450000000 |
| Next Low | 12.75 |
| 2nd Low | 12.55 |
| 3rd Low | 12.35 |
13.510000000 – 13.22 – 13.05 – 12.75 – 12.92 – 12.55 — 66.18143161753 – 67.100219364911 — 74.881480779623 – 70.096727285356 – 75.424716233559 – 73.304154075156
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Tweezers Bottom – Rising Wedge Chart Pattern – –