The currency pair Chainlink/Tether (LINK/USDT) breaks through the descending trendline upwards
A bullish movement upwards to the next resistance at 14.400000000 is certain.
Caution: A possible reversal of the trend in the direction of the support level at 13.97 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Support Level’ indicator layout is detected. The indicator shows ‘Support Level’. which is often a bullish chart scenario. The currency pair is likely to rise.
Next a ‘Northern Doji’ chart pattern is detected. The chart forms ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 14.79 |
| 2nd High | 14.59 |
| Next High | 14.400000000 |
| Current Price | 14.290000000 |
| Next Low | 13.97 |
| 2nd Low | 11.98 |
| 3rd Low | 11.74 |
14.400000000 – 14.59 – 14.79 – 13.97 – 14.35 – 14.2 — 46.15484902956 – 50.906870238974 — 38.015964865426 – 71.34929819876 – 21.398292698213 – 42.386025302432
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Northern Doji – – –