The combination Chainlink/Tether (LINK/USDT) goes from the bearish trendline down.
A continuation of the bearish trend down to the next support level at 21.360000000 is considered certain.
Caution: A possible counter-trend in the direction of the resistance zone at 22.150000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Northern Doji’ candlestick pattern is existing. The chart shows ‘Northern Doji’. this is a bullish chart scenario. The pair is likely to go up. 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).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 24.310000000 |
| 2nd High | 23.040000000 |
| Next High | 22.150000000 |
| Current Price | 21.450000000 |
| Next Low | 21.360000000 |
| 2nd Low | 21.020000000 |
| 3rd Low | 16.570000000 |
22.150000000 – 23.040000000 – 24.310000000 – 21.360000000 – 21.840000000 – 21.510000000 — 43.639841205888 – 39.127910511667
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Northern Doji – Double top chart pattern – –