LINK/USDT – 1H – BUYThe combination Chainlink/Tether (LINK/USDT) jumps from the bullish trendline up.
A continuation of the upward movement upwards to the next resistance level at 23.970000000 is certain.
Caution: A possible trend reversal in the direction of the support zone at 22.090000000 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. which is often a bullish signal. The currency pair could go up.
Besides a ‘Northern Doji’ candlestick pattern is existing. The candles form ‘Northern Doji’. which is a bullish chart scenario. 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 | 26.030000000 |
| 2nd High | 24.060000000 |
| Next High | 23.970000000 |
| Current Price | 22.470000000 |
| Next Low | 22.090000000 |
| 2nd Low | 21.390000000 |
| 3rd Low | 21.360000000 |
23.970000000 – 23.870000000 – 24.060000000 – 22.180000000 – 22.650000000 – 22.090000000 — 43.329860490826 – 46.081196038007
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Northern Doji – – –