LINK/USDT – 30M – BUYThe pair Chainlink/Tether (LINK/USDT) breaks through the bullish trendline upwards
A continuation of the upward movement upwards to the next resistance level at 14.480000000 is certain.
Caution: A possible counter-trend in the direction of the support level at 13.540000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Northern Doji’ candle pattern is detected. The chart forms ‘Northern Doji’. this is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 15.930000000 |
| 2nd High | 14.600000000 |
| Next High | 14.480000000 |
| Current Price | 14.480000000 |
| Next Low | 13.540000000 |
| 2nd Low | 12.640000000 |
| 3rd Low | 12.520000000 |
13.980000000 – 13.880000000 – 13.920000000 – 13.540000000 – 13.550000000 – 13.760000000
Trading Signals: FOREX – LINK – LINK/USDT – USDT – Northern Doji