LINK/USDT – 30M – BUYThe combination Chainlink/Tether (LINK/USDT) moves from the descending trendline up.
A bullish movement up to the next resistance level at 12.22 will persist.
Caution: A possible counter-trend in the direction of support at 12.04 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Northern Doji’ chart pattern is discovered. The chart forms ‘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 chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 13.54 |
| 2nd High | 13.42 |
| Next High | 12.22 |
| Current Price | 11.890000000 |
| Next Low | 12.04 |
| 2nd Low | 11.74 |
| 3rd Low | 11.61 |
12.22 – 13.42 – 13.12 – 12.04 – 12.97 – 12.94 — 33.859955885557 – 38.543543953658 — 82.402228510013 – 82.402228510013 – 85.995456850954 – 84.623427138397
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Northern Doji – – –