Buy LINK/USDT – 1H – BUY

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

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