LINK/USDT – 30M – BUYThe combination Chainlink/Tether (LINK/USDT) goes from the descending trendline upwards
A bullish ascent upwards to the next resistance line at 14.29 will continue.
Caution: A possible change in the direction of support at 13.06 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Northern Doji’ chart pattern is discovered. The chart shows ‘Northern Doji’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 16.02 |
| 2nd High | 14.54 |
| Next High | 14.29 |
| Current Price | 13.390000000 |
| Next Low | 13.06 |
| 2nd Low | 7.9 |
| 3rd Low |
14.29 – 14.54 – 14.34 – 13.06 – 13.4 – 13.85 — 47.838265527306 – 48.778970595469 — 59.573144573145 – 58.386958386958 – 71.892724348797 – 62.315946043982
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Northern Doji – Double top retreat up – –