Buy LINK/USDT – 1H – BUY

The combination Chainlink/Tether (LINK/USDT) goes from the ascending trendline up.

A continuation of the bullish trend upwards to the next resistance at 24.310000000 is certain.

Caution: A possible trend reversal in the direction of the support zone at 21.020000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. which could be a positive chart scenario. The pair is likely to go up.

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is certain. Current target is 24.74 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the resistance line at 24.310000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Northern Doji’ candlestick pattern is detected. The chart forms ‘Northern Doji’. which is a positive signal. The currency pair is likely to go up. 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
2nd High 24.740000000
Next High 24.310000000
Current Price 23.010000000
Next Low 21.020000000
2nd Low 16.570000000
3rd Low 16.030000000

24.310000000 – 24.740000000 – 22.700000000 – 21.020000000 – 21.150000000 – 16.570000000 — 42.793871308916 – 43.45435870121

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