LINK/USDT – 1H – BUY

The currency pair Chainlink/Tether (LINK/USDT) breaks through the bullish trendline up.

A continuation of the upward movement up to the next resistance at 23.820000000 is likely expected.

Caution: A possible change in the direction of the support level at 22.830000000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 23.82 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the resistance level at 23.820000000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Moreover a ‘Northern Doji’ chart pattern is found. 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 probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

23.820000000 – 23.310000000 – 22.470000000 – 22.830000000 – 22.120000000 – 21.870000000 — 62.661946193858 – 62.928501578992

Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Northern Doji – Symmetrical Triangle Chart Pattern – –