LINK/USDT – 1H – BUYThe currency pair Chainlink/Tether (LINK/USDT) moves from the ascending trendline up.
A continuation of the bullish trend up to the next resistance level at 14.24 will continue.
Caution: A possible counter-trend in the direction of the support line at 13.47 could happen.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Northern Doji’ candlestick chart pattern is discovered. The candles show ‘Northern Doji’. which is a positive pattern signal. 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 | 14.93 |
| 2nd High | 14.35 |
| Next High | 14.24 |
| Current Price | 13.690000000 |
| Next Low | 13.47 |
| 2nd Low | 13.31 |
| 3rd Low | 12.15 |
14.24 – 14.13 – 13.88 – 13.47 – 13.31 – 12.15 — 45.968885643881 – 46.387069380854 — 26.680723132054 – 11.602605863192 – 41.183352682639 – 26.689878408614
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Northern Doji – Triple bottom chart pattern – –