LINK/USDT – 30M – BUYThe combination Chainlink/Tether (LINK/USDT) breaks through the bearish trendline upwards
A bullish ascent up to the next resistance at 12.5 is certain.
Caution: A possible trend reversal in the direction of the support zone at 12.04 could happen.
Consider stop-loss settings accordingly.
Additionally a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. which is often a bullish signal. The pair is likely to go up.
Additionally a ‘Northern Doji’ candlestick chart pattern is detected. The candles show ‘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 chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 13.01 |
| 2nd High | 12.66 |
| Next High | 12.5 |
| Current Price | 12.240000000 |
| Next Low | 12.04 |
| 2nd Low | 11.89 |
| 3rd Low | 11.74 |
12.5 – 12.41 – 12.66 – 12.04 – 12.17 – 12.12 — 49.179871290065 – 49.179871290065 — 29.17930266493 – 27.4922442255 – 30.336348167225 – 27.907328104421
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Northern Doji – – –