Buy LINK/USDT – 1H – BUY

The pair Chainlink/Tether (LINK/USDT) breaks through the descending trendline upwards

An ascent upwards to the next resistance at 13.9 is expected.

Caution: A possible reversal of the trend in the direction of the support zone at could happen.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart signal. The currency pair could go up.

Then a ‘Northern Doji’ candlestick pattern is discovered. 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 chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 14.4
2nd High 14.22
Next High 13.9
Current Price 13.810000000
Next Low
2nd Low
3rd Low

13.9 – 14.22 – 14.4 – 13.620000000 – 13.43 – 13.56 — 58.84326558323 – 59.962790802643 — 88.336687705561 – 99.033774624326 – 74.164180912623 – 87.747442377981

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