LINK/USDT – 30M – BUYThe pair Chainlink/Tether (LINK/USDT) moves from the bullish trendline upwards
A continuation of the upward movement up to the next resistance line at 15.520000000 will continue.
Caution: A possible change in the direction of the support line at 15.130000000 could happen.
Consider stop-loss settings accordingly.
Moreover a ‘Northern Doji’ chart pattern is found. The candles form ‘Northern Doji’. which is a positive signal. 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 | 15.530000000 |
| Next High | 15.520000000 |
| Current Price | 15.390000000 |
| Next Low | 15.130000000 |
| 2nd Low | 14.320000000 |
| 3rd Low | 13.540000000 |
15.520000000 – 15.530000000 – 14.630000000 – 15.130000000 – 14.320000000 – 13.540000000
Trading Signals: FOREX – LINK – LINK/USDT – USDT – Northern Doji