LINK/USDT – 30M – BUYThe combination Chainlink/Tether (LINK/USDT) jumps from the bearish trendline up.
An ascent upwards to the next resistance level at 14.580000000 is expected.
Caution: A possible counter-trend in the direction of the support level at 12.950000000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Northern Doji’ candlestick pattern is found. The candles show ‘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 chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 15.930000000 |
| 2nd High | 15.660000000 |
| Next High | 14.580000000 |
| Current Price | 13.270000000 |
| Next Low | 12.950000000 |
| 2nd Low | 12.640000000 |
| 3rd Low | 12.520000000 |
14.580000000 – 15.660000000 – 15.520000000 – 12.950000000 – 14.050000000 – 15.070000000
Trading Signals: FOREX – LINK – LINK/USDT – USDT – Northern Doji