LINK/USDT – 30M – BUYAdditionally a ‘Falling Wedge Chart Pattern’ chart pattern is found. The chart forms ‘Falling Wedge Chart Pattern’. this is a bullish pattern signal. The currency pair is likely to rise.
The combination Chainlink/Tether (LINK/USDT) breaks through the bearish trendline up.
A bullish movement upwards to the next resistance level at 13.600000000 is likely expected.
Caution: A possible change in the direction of the support level at 13.030000000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Northern Doji’ candlestick pattern is found. The chart forms ‘Northern Doji’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 15.660000000 |
| 2nd High | 14.580000000 |
| Next High | 13.600000000 |
| Current Price | 13.410000000 |
| Next Low | 13.030000000 |
| 2nd Low | 12.950000000 |
| 3rd Low | 12.640000000 |
13.600000000 – 14.580000000 – 15.660000000 – 13.030000000 – 12.950000000 – 14.050000000
Trading Signals: FOREX – LINK – LINK/USDT – USDT – Northern Doji