The pair Chainlink/Tether (LINK/USDT) jumps from the bearish trendline down.
A continuation of the downward movement downwards to the next support level at 23.360000000 is considered certain.
Caution: A possible counter-trend in the direction of the resistance line at 26.760000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Northern Doji’ candlestick pattern is detected. The chart forms ‘Northern Doji’. which is a bullish signal. The 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 | |
| 2nd High | |
| Next High | 26.760000000 |
| Current Price | 25.810000000 |
| Next Low | 23.360000000 |
| 2nd Low | 22.360000000 |
| 3rd Low | 21.390000000 |
26.470000000 – 24.950000000 – 26.760000000 – 23.360000000 – 23.420000000 – 23.890000000 — 52.133904617014 – 47.869121896596
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Northern Doji – – –