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