Buy LINK/USDT – 30M – BUY

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

The bullish trend up to the next resistance level at 7.953 will persist.

Caution: A possible reversal of the trend in the direction of the support line at 7.764 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Northern Doji’ candlestick pattern is found. The chart forms ‘Northern Doji’. which is a bullish signal. 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 8.128
2nd High 8.044
Next High 7.953
Current Price 7.882000000
Next Low 7.764
2nd Low 7.753
3rd Low 7.688

7.953 – 8.044 – 8.128 – 7.764 – 7.811 – 7.772 —
7.930000000 – 7.900000000 —
53.589210486425 – 45.59662592276 —
– —
7.953 – 1781875800

Trading Signals:

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