LINK/USDT – 1H – BUYThe pair Chainlink/Tether (LINK/USDT) goes from the bullish trendline up.
A continuation of the bullish trend upwards to the next resistance line at 23.930000000 is expected.
Caution: A possible counter-trend in the direction of the support zone at 23.200000000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Furthermore a ‘Northern Doji’ candlestick chart pattern is detected. The candles show ‘Northern Doji’. which is a bullish chart scenario. The currency 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 | 24.060000000 |
| 2nd High | 23.970000000 |
| Next High | 23.930000000 |
| Current Price | 23.740000000 |
| Next Low | 23.200000000 |
| 2nd Low | 22.830000000 |
| 3rd Low | 22.120000000 |
23.930000000 – 23.820000000 – 23.310000000 – 23.200000000 – 22.830000000 – 22.120000000 — 54.23290217431 – 55.218209042128
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Northern Doji – – –