LINK/USDT – 30M – BUY

The pair Chainlink/Tether (LINK/USDT) breaks through the ascending trendline upwards

A continuation of the uptrend up to the next resistance line at 23.040000000 is expected.

Caution: A possible trend reversal in the direction of the support line at 21.390000000 could occur.
Consider stop-loss settings accordingly.

Additionally a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish chart signal. The pair is likely to go up.

Additionally a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. which is often a bullish chart signal. The currency pair is likely to rise.

Correction of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend is expected. Target of the current trend is 22.835 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of resistance at 23.040000000 could occur.
Consider stop-loss settings accordingly.

Additionally a ‘Northern Doji’ candlestick pattern is detected. The candles show ‘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 likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

22.170000000 – 22.150000000 – 23.040000000 – 21.390000000 – 21.360000000 – 21.840000000 — 63.533081086789 – 67.964328671006

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