The pair Chainlink/Tether (LINK/USDT) breaks through the descending trendline upwards
A bullish movement upwards to the next resistance line at 13.52 will persist.
Caution: A possible counter-trend in the direction of support at 12.93 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish chart signal. The currency pair is likely to rise.
Also there is a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. this is usually a bullish chart signal. The pair is likely to go up.
Also there is a ‘Northern Doji’ candlestick chart pattern is existing. The chart shows ‘Northern Doji’. which is a bullish chart scenario. 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 | 14.35 |
| 2nd High | 14.24 |
| Next High | 13.52 |
| Current Price | 13.400000000 |
| Next Low | 12.93 |
| 2nd Low | 12.15 |
| 3rd Low | 12.05 |
13.52 – 13.37 – 13.26 – 12.93 – 13.05 – 13.08 — 63.044376894758 – 68.797028198001 — 100 – 100 – 98.746965820377 – 99.373482910188
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Northern Doji – Double bottom chart pattern – –