LINK/USDT – 30M – BUY

The combination Chainlink/Tether (LINK/USDT) moves from the ascending trendline upwards

A continuation of the bullish trend upwards to the next resistance at 13.480000000 is likely expected.

Caution: A possible reversal of the trend in the direction of the support line at 13.240000000 should be noted.
Consider stop-loss settings accordingly.

In addition a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish chart scenario. The pair is likely to go up.

In addition a ‘Support Level’ indicator layout is discovered. The indicator shows ‘Support Level’. which is often a bullish chart signal. The currency pair could go up.

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 13.48 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 13.480000000 should be noted.
Consider stop-loss settings accordingly.

In addition a ‘Northern Doji’ candle chart pattern is existing. The chart forms ‘Northern Doji’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

13.480000000 – 13.450000000 – 13.190000000 – 13.240000000 – 13.260000000 – 13.040000000

Trading Signals: FOREX – LINK – LINK/USDT – USDT – Northern Doji – Double bottom chart pattern