LINK/USDT – 30M – BUYThe currency pair Chainlink/Tether (LINK/USDT) breaks through the bearish trendline up.
A bullish ascent up to the next resistance at 13.83 will continue.
Caution: A possible trend reversal in the direction of the support level at is also possible.
Consider stop-loss settings accordingly.
Furthermore a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive chart scenario. The currency pair is likely to rise.
Furthermore a ‘Northern Doji’ candle chart pattern is existing. The chart shows ‘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 probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 14.22 |
| 2nd High | 13.9 |
| Next High | 13.83 |
| Current Price | 13.780000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
13.83 – 13.9 – 13.75 – 13.62 – 13.68 – 13.63 — 50.133304432907 – 53.869966215203 — 32.939066091149 – 26.518676308463 – 34.223393189703 – 31.975509339711
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Northern Doji – Double bottom chart pattern – –