LINK/USDT – 30M – BUY

The combination Chainlink/Tether (LINK/USDT) breaks through the bearish trendline upwards

A bullish trend upwards to the next resistance line at 13.76 is likely expected.

Caution: A possible change in the direction of the support level at 13.36 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 13.88 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the resistance line at 13.76 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Northern Doji’ candle chart pattern is existing. The candles form ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

13.76 – 14.17 – 14.33 – 13.36 – 13.97 – 14.35 — 51.540988446243 – 56.958681291378 — 30.505941443097 – 63.83927477643 – 20.544639333015 – 35.482720510613

Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Northern Doji – – –