Next a ‘Double bottom chart pattern’ chart pattern is discovered. The chart picture forms ‘Double bottom chart pattern’. which is a bullish pattern signal. The currency pair is likely to go up.
The combination Chainlink/Tether (LINK/USDT) goes from the ascending trendline down.
A descending movement down to the next support at 13.63 is expected.
Caution: A possible counter-trend in the direction of resistance at 13.75 could happen.
Consider stop-loss settings accordingly.
Next a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish chart signal. The pair is likely to go up.
Next a ‘Support Level’ indicator signal is detected. The indicator is ‘Support Level’. which could be a positive chart scenario. The currency pair could go up.
Next a ‘Northern Doji’ candle pattern is found. The chart forms ‘Northern Doji’. which is a bullish 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 | 13.87 |
| 2nd High | 13.86 |
| Next High | 13.75 |
| Current Price | 13.770000000 |
| Next Low | 13.63 |
| 2nd Low | 13.43 |
| 3rd Low | 13 |
13.75 – 13.86 – 13.87 – 13.63 – 13.43 – 13.59 — 56.682040485455 – 61.335438941837 — 88.513329237833 – 93.891215773428 – 85.056263951559 – 90.526299802647
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Northern Doji – Double bottom chart pattern – –