The pair Chainlink/Tether (LINK/USDT) jumps from the descending trendline upwards
A bullish ascent upwards to the next resistance line at 12.61 is expected.
Caution: A possible reversal of the trend in the direction of the support level at 12.18 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ” indicator layout is detected. The indicator shows ”. this is usually a bullish chart signal. The currency pair could go up.
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There is also a ‘%K crosses above %D’ indicator layout is detected. The indicator shows ‘%K crosses above %D’. this is usually a bullish chart signal. The currency pair could go up.
There is also a ‘MACD crosses above signal’ indicator layout is detected. The indicator shows ‘MACD crosses above signal’. this is usually a bullish chart signal. The currency pair could go up.
There is also a ‘StochRSI Bullish Divergence’ indicator layout is detected. The indicator shows ‘StochRSI Bullish Divergence’. this is usually a bullish chart signal. The currency pair could go up.
There is also a ‘Northern Doji’ candle pattern is discovered. The chart forms ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 13.88 |
| 2nd High | 13.01 |
| Next High | 12.61 |
| Current Price | 12.280000000 |
| Next Low | 12.18 |
| 2nd Low | 12.15 |
| 3rd Low | 12.05 |
12.61 – 13.01 – 13.88 – 12.18 – 12.48 – 12.78 —
12.350000000 – 12.180000000 —
35.52988501963 – 24.878230538106 —
– —
12.61000 – 1768919400
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Northern Doji – Double top retreat up – –