LINK/USDT – 30M – BUYThe pair Chainlink/Tether (LINK/USDT) breaks through the descending trendline up.
The bullish trend up to the next resistance at 13.94 is considered certain.
Caution: A possible counter-trend in the direction of the support zone at 13.29 could occur.
Consider stop-loss settings accordingly.
And also a ‘%K crosses above %D’ indicator layout is found. The indicator is ‘%K crosses above %D’. which is often a bullish signal. The currency pair is likely to rise.
And also a ‘Support Level’ indicator layout is detected. The indicator is ‘Support Level’. this is usually a bullish chart scenario. The currency pair could go up.
And also a ‘Northern Doji’ candlestick pattern is detected. The candles show ‘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 | 14.24 |
| 2nd High | 14.07 |
| Next High | 13.94 |
| Current Price | 13.540000000 |
| Next Low | 13.29 |
| 2nd Low | 12.82 |
| 3rd Low | 12.15 |
13.94 – 14.07 – 14.24 – 13.29 – 13.68 – 13.47 — 53.289294038051 – 55.313556657883 — 88.13311239989 – 90.115990057995 – 89.120900552798 – 88.794071619258
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Northern Doji – – –