LINK/USDT – 30M – BUY

The currency pair Chainlink/Tether (LINK/USDT) breaks through the descending trendline up.

The bullish trend up to the next resistance level at 12.47 is likely expected.

Caution: A possible counter-trend in the direction of the support level at 12.03 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive signal. The currency pair could go up.

Moreover a ‘MACD crosses above signal’ indicator layout is discovered. The indicator shows ‘MACD crosses above signal’. which could be a positive signal. The currency pair could go up.

Moreover a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. which could be a positive signal. The currency pair is likely to rise.

Moreover a ‘Northern Doji’ candle chart pattern is found. The chart shows ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to rise. 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).

12.47 – 12.61 – 13.01 – 12.03 – 12.18 – 12.48 —
12.550000000 – 12.170000000 —
59.291583188313 – 43.161315772793 —
– —
12.47000 – 1768973400

Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Northern Doji – Double bottom chart pattern – –