The pair Chainlink/Tether (LINK/USDT) breaks through the ascending trendline up.
A continuation of the bullish trend upwards to the next resistance line at will continue.
Caution: A possible change in the direction of the support zone at 15.140000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. which is often a bullish signal. The pair is likely to go up.
Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend will continue. Target of the current trend is 19.17 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the resistance level at could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Northern Doji’ candle pattern is detected. The candles form ‘Northern Doji’. which is a positive signal. The 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 | |
| 2nd High | |
| Next High | |
| Current Price | 19.490000000 |
| Next Low | 15.140000000 |
| 2nd Low | 12.930000000 |
| 3rd Low | 12.730000000 |
19.170000000 – 16.470000000 – 15.880000000 – 15.140000000 – 12.930000000 – 13.120000000
Trading Signals: FOREX – LINK – LINK/USDT – USDT – Northern Doji – Triple bottom chart pattern