The pair Chainlink/Tether (LINK/USDT) moves from the bearish trendline up.
The bullish trend up to the next resistance line at 13.280000000 is expected.
Caution: A possible reversal of the trend in the direction of support at could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish signal. The currency pair could go up.
Additionally a ‘Northern Doji’ chart pattern is existing. The chart shows ‘Northern Doji’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 13.790000000 |
| 2nd High | 13.570000000 |
| Next High | 13.280000000 |
| Current Price | 13.000000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
13.280000000 – 13.570000000 – 13.480000000 – 12.940000000 – 13.040000000 – 12.990000000
Trading Signals: FOREX – LINK – LINK/USDT – USDT – Northern Doji – Double top retreat up