The currency pair Chainlink/Tether (LINK/USDT) jumps from the bullish trendline up.
A continuation of the uptrend upwards to the next resistance at 23.040000000 will persist.
Caution: A possible change in the direction of the support level at 21.360000000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Support Level’ indicator layout is existing. The indicator is ‘Support Level’. which is often a bullish chart scenario. The currency pair is likely to rise.
And also a ‘Northern Doji’ candle chart pattern is found. The chart shows ‘Northern Doji’. this is a bullish pattern 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 | 24.370000000 |
| 2nd High | 24.310000000 |
| Next High | 23.040000000 |
| Current Price | 21.620000000 |
| Next Low | 21.360000000 |
| 2nd Low | 21.020000000 |
| 3rd Low | 16.570000000 |
23.040000000 – 24.310000000 – 24.370000000 – 21.360000000 – 21.840000000 – 21.510000000 — 36.426948530273 – 39.740209214899
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Northern Doji – Double top retreat up – –