The currency pair Chainlink/Tether (LINK/USDT) breaks through the bearish trendline up.
A bullish trend up to the next resistance at 13.37 will persist.
Caution: A possible reversal of the trend in the direction of the support line at 13.08 should be noted.
Consider stop-loss settings accordingly.
Furthermore a ‘%K crosses above %D’ indicator layout is discovered. The indicator shows ‘%K crosses above %D’. which is often a bullish chart signal. The currency pair could go up.
Furthermore a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. which is often a bullish chart scenario. The currency pair could go up.
Furthermore a ‘Northern Doji’ candle pattern is detected. The chart forms ‘Northern Doji’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 13.94 |
| 2nd High | 13.45 |
| Next High | 13.37 |
| Current Price | 13.210000000 |
| Next Low | 13.08 |
| 2nd Low | 13.07 |
| 3rd Low | 13.03 |
13.37 – 13.28 – 13.24 – 13.08 – 13.12 – 13.07 — 41.372667238036 – 48.971231090754 — 5.0168653188772 – 18.254749110724 – 8.8517203858092 – 10.981172749696
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Northern Doji – Double bottom chart pattern – –