LINK/USDT – 30M – BUY

Next a ‘Double top retreat up’ chart pattern is detected. The chart picture forms ‘Double top retreat up’. which is a bullish signal. The pair is likely to go up.

The currency pair Chainlink/Tether (LINK/USDT) moves from the bearish trendline up.

A bullish ascent upwards to the next resistance level at 13.230000000 is considered certain.

Caution: A possible trend reversal in the direction of the support level at 12.800000000 could happen.
Consider stop-loss settings accordingly.

Next a ‘Support Level’ indicator signal is detected. The indicator shows ‘Support Level’. which is often a bullish signal. The currency pair is likely to rise.

Correction of the major bearish trend broke through the Fibonacci 0-Level.Continuation of the current ascending trend is considered certain. Current target is 13.03364 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the resistance zone at 13.230000000 could happen.
Consider stop-loss settings accordingly.

Next a ‘Northern Doji’ candlestick chart pattern is discovered. The candles show ‘Northern Doji’. which is a positive pattern signal. The currency 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).

13.230000000 – 13.790000000 – 13.460000000 – 12.800000000 – 12.830000000 – 13.030000000

Trading Signals: FOREX – LINK – LINK/USDT – USDT – Northern Doji