Buy LINK/USDT – 30M – BUY

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

An ascending movement upwards to the next resistance at 24.400000000 will continue.

Caution: A possible trend reversal in the direction of the support zone at 23.840000000 should be noted.
Consider stop-loss settings accordingly.

Besides a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. which could be a positive signal. The pair is likely to go up.

Besides a ‘Northern Doji’ chart pattern is detected. The chart forms ‘Northern Doji’. this 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 25.640000000
2nd High 25.020000000
Next High 24.400000000
Current Price 24.320000000
Next Low 23.840000000
2nd Low 23.310000000
3rd Low 23.200000000

24.400000000 – 25.020000000 – 25.640000000 – 23.840000000 – 24.470000000 – 24.440000000 — 51.583424986506 – 54.171989203997

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