LINK/USDT – 4H – BUYThe pair Chainlink/Tether (LINK/USDT) moves from the ascending trendline upwards
A continuation of the bullish trend upwards to the next resistance at 14.480000000 will persist.
Caution: A possible reversal of the trend in the direction of the support level at 10.100000000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Northern Doji’ candlestick chart pattern is found. The chart forms ‘Northern Doji’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 17.160000000 |
| 2nd High | 16.190000000 |
| Next High | 14.480000000 |
| Current Price | 13.700000000 |
| Next Low | 10.100000000 |
| 2nd Low | |
| 3rd Low |
14.480000000 – 16.190000000 – 17.160000000 – 13.390000000 – 15.110000000 – 14.840000000
Trading Signals: FOREX – LINK – LINK/USDT – USDT – Northern Doji