The currency pair Chainlink/Tether (LINK/USDT) breaks through the bearish trendline upwards
A bullish movement upwards to the next resistance at 14.07 is expected.
Caution: A possible change in the direction of support at should always be considered.
Consider stop-loss settings accordingly.
Next a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish signal. The currency pair is likely to rise.
Next a ‘Northern Doji’ candlestick pattern is existing. The chart shows ‘Northern Doji’. this is a bullish chart scenario. The 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 | 14.35 |
| 2nd High | 14.24 |
| Next High | 14.07 |
| Current Price | 13.880000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
14.07 – 14.24 – 13.98 – 13.68 – 13.47 – 13.68 — 52.183771460174 – 54.797577597922 — 37.554381096391 – 68.425881980699 – 16.037995575242 – 37.033960694285
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Northern Doji – Triple bottom chart pattern – –