The pair Chainlink/Tether (LINK/USDT) breaks through the descending trendline upwards
An ascent upwards to the next resistance at 13.9 is expected.
Caution: A possible reversal of the trend in the direction of the support zone at could happen.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart signal. The currency pair could go up.
Then a ‘Northern Doji’ candlestick pattern is discovered. The chart shows ‘Northern Doji’. this 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’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 14.4 |
| 2nd High | 14.22 |
| Next High | 13.9 |
| Current Price | 13.810000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
13.9 – 14.22 – 14.4 – 13.620000000 – 13.43 – 13.56 — 58.84326558323 – 59.962790802643 — 88.336687705561 – 99.033774624326 – 74.164180912623 – 87.747442377981
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Northern Doji – Double top chart pattern – –