The currency pair Chainlink/Tether (LINK/USDT) goes from the ascending trendline upwards
A continuation of the upward movement up to the next resistance line at 13.790000000 will persist.
Caution: A possible trend reversal in the direction of the support line at 12.830000000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. this is usually a bullish chart signal. The pair is likely to go up.
Next a ‘Northern Doji’ candlestick chart pattern is existing. The chart shows ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 16.190000000 |
2nd High | 15.660000000 |
Next High | 13.790000000 |
Current Price | 13.070000000 |
Next Low | 12.830000000 |
2nd Low | 12.640000000 |
3rd Low | 12.520000000 |
13.790000000 – 13.600000000 – 15.660000000 – 12.830000000 – 13.030000000 – 12.950000000
Trading Signals: FOREX – LINK – LINK/USDT – USDT – Northern Doji