LINK/USDT – 30M – BUYThe pair Chainlink/Tether (LINK/USDT) breaks through the bullish trendline up.
A continuation of the bullish trend up to the next resistance at 13.51 is expected.
Caution: A possible trend reversal in the direction of the support zone at 12.75 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Northern Doji’ candlestick chart pattern is existing. 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 chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 14.29 |
| 2nd High | 14 |
| Next High | 13.51 |
| Current Price | 13.560000000 |
| Next Low | 12.75 |
| 2nd Low | 12.55 |
| 3rd Low | 12.35 |
13.51 – 13.22 – 13.05 – 12.75 – 12.92 – 12.55 — 65.638267414787 – 68.628710752828 — 32.213186436697 – 55.09674616199 – 19.905606022542 – 33.490503095366
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Northern Doji – – –