LINK/USDT – 1H – BUY

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

A continuation of the upward movement up to the next resistance at 26.030000000 is certain.

Caution: A possible counter-trend in the direction of the support zone at 23.310000000 could occur.
Consider stop-loss settings accordingly.

Besides a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. this is usually a bullish signal. The currency pair could go up.

Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is certain. Current target is 24.8 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the resistance line at 26.030000000 could occur.
Consider stop-loss settings accordingly.

Besides a ‘Northern Doji’ candlestick chart pattern is existing. The candles show ‘Northern Doji’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

24.800000000 – 23.930000000 – 23.820000000 – 23.310000000 – 23.200000000 – 22.830000000 — 70.42728614328 – 73.10208424446

Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Northern Doji – Triple bottom chart pattern – –