LINK/USDT – 30M – SELLThe currency pair Chainlink/Tether (LINK/USDT) moves from the descending trendline down.
A continuation of the downtrend downwards to the next support at 13.29 is certain.
Caution: A possible counter-trend in the direction of the resistance line at 13.94 could occur.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘%K crosses below %D’ indicator layout is discovered. The indicator shows ‘%K crosses below %D’. which could be a negative chart signal. The pair is likely to go down.
And also a ‘Northern Doji’ candle chart pattern is detected. The candles show ‘Northern Doji’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 14.24 |
| 2nd High | 14.07 |
| Next High | 13.94 |
| Current Price | 13.160000000 |
| Next Low | 13.29 |
| 2nd Low | 12.82 |
| 3rd Low | 12.15 |
13.94 – 14.07 – 14.24 – 13.29 – 13.68 – 13.47 — 42.707999999783 – 39.404999439073 — 74.475046673211 – 63.790705038209 – 71.806173053358 – 71.283777365066
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Northern Doji – Triple top chart pattern – –