LINK/USDT – 30M – BUY

The combination Chainlink/Tether (LINK/USDT) breaks through the bearish trendline upwards

A bullish movement upwards to the next resistance level at 18.490000000 is expected.

Caution: A possible change in the direction of the support level at could occur.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart scenario. The currency pair could go up.

Additionally a ‘RSI cross above 70’ indicator layout is existing. The indicator is ‘RSI cross above 70’. which is often a bullish chart scenario. 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 expected. Current target is 18.69 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the resistance line at 18.490000000 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘Northern Doji’ candle chart pattern is found. The candles form ‘Northern Doji’. this is a bullish chart scenario. 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’ going up is 52% (Bull Market) & 51% (Bear Market).

18.490000000 – 18.460000000 – 18.490000000 – 18.160000000 – 17.410000000 – 17.230000000 — 53.858637284125 – 58.586681946648

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