The pair Chainlink/Tether (LINK/USDT) jumps from the bullish trendline upwards
A continuation of the bullish trend upwards to the next resistance at 14.24 will continue.
Caution: A possible trend reversal in the direction of support at 13.47 could happen.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Resistance Level’ indicator layout is detected. The indicator is ‘Resistance Level’. which is often a bullish chart scenario. The currency pair is likely to rise.
And also a ‘Northern Doji’ candlestick pattern is existing. The candles form ‘Northern Doji’. which is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 14.4 |
| 2nd High | 14.35 |
| Next High | 14.24 |
| Current Price | 14.000000000 |
| Next Low | 13.47 |
| 2nd Low | 13.4 |
| 3rd Low | 13.31 |
14.24 – 13.98 – 14.13 – 13.47 – 13.68 – 13.58 — 55.488945571793 – 58.088065924654 — 84.96896740287 – 94.22791301221 – 74.357444950295 – 85.676521600787
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Northern Doji – – –