LINK/USDT – 4H – BUYAdditionally a ‘Falling Wedge Chart Pattern’ chart formation is discovered. The chart forms ‘Falling Wedge Chart Pattern’. which is a bullish pattern signal. The currency pair is likely to rise.
The combination Chainlink/Tether (LINK/USDT) breaks through the bearish trendline up.
The bullish trend upwards to the next resistance line at 15.660000000 will continue.
Caution: A possible trend reversal in the direction of support at 13.540000000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Northern Doji’ candlestick chart pattern is discovered. 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 probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 17.160000000 |
| 2nd High | 16.190000000 |
| Next High | 15.660000000 |
| Current Price | 13.230000000 |
| Next Low | 13.540000000 |
| 2nd Low | 12.640000000 |
| 3rd Low | 10.100000000 |
15.660000000 – 14.080000000 – 14.480000000 – 13.540000000 – 12.640000000 – 13.390000000
Trading Signals: FOREX – LINK – LINK/USDT – USDT – Northern Doji