The pair Chainlink/Tether (LINK/USDT) breaks through the bearish trendline up.
An ascending movement upwards to the next resistance line at 12.47 is likely expected.
Caution: A possible trend reversal in the direction of support at 12.03 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish signal. The currency pair could go up.
Additionally a ‘MACD crosses above signal’ indicator signal is found. The indicator is ‘MACD crosses above signal’. this is usually a bullish signal. The currency pair could go up.
Additionally a ‘StochOSC Hidden Bullish Divergence’ indicator signal is found. The indicator is ‘StochOSC Hidden Bullish Divergence’. this is usually a bullish signal. The currency pair could go up.
Additionally a ‘Support Level’ indicator layout is discovered. The indicator shows ‘Support Level’. which is often a bullish chart signal. The currency pair could go up.
Additionally a ‘Northern Doji’ candlestick pattern is discovered. The chart shows ‘Northern Doji’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 13.01 |
| 2nd High | 12.61 |
| Next High | 12.47 |
| Current Price | 12.420000000 |
| Next Low | 12.03 |
| 2nd Low | 12.01 |
| 3rd Low | 11.74 |
12.47 – 12.61 – 13.01 – 12.03 – 12.18 – 12.48 —
12.340000000 – 12.200000000 —
46.924260186192 – 38.025177089435 —
– —
12.47000 – 1768973400
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Northern Doji – – –