The currency pair Chainlink/Tether (LINK/USDT) breaks through the bearish trendline upwards
A bullish ascent up to the next resistance at 24.310000000 is certain.
Caution: A possible change in the direction of the support level at could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish signal. The currency pair is likely to rise.
Moreover a ‘Northern Doji’ candle pattern is detected. The candles show ‘Northern Doji’. which is a positive chart scenario. 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 | 24.740000000 |
| 2nd High | 24.370000000 |
| Next High | 24.310000000 |
| Current Price | 22.500000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
24.310000000 – 24.370000000 – 24.740000000 – 21.840000000 – 21.510000000 – 23.230000000 — 43.926754138081 – 48.766281879366
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Northern Doji – – –