LINK/USDT – 1H – BUYThe combination Chainlink/Tether (LINK/USDT) goes from the ascending trendline up.
A continuation of the uptrend upwards to the next resistance line at 26.500000000 is certain.
Caution: A possible counter-trend in the direction of the support level at 24.290000000 is within the realm of possibility.
Consider stop-loss settings accordingly.
Also there is a ‘Northern Doji’ candlestick chart pattern is discovered. The candles form ‘Northern Doji’. this is a bullish signal. 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 | |
| 2nd High | |
| Next High | 26.500000000 |
| Current Price | 25.380000000 |
| Next Low | 24.290000000 |
| 2nd Low | 21.390000000 |
| 3rd Low | 21.360000000 |
26.500000000 – 23.040000000 – 24.310000000 – 24.290000000 – 21.390000000 – 21.360000000 — 53.436374687983 – 55.401895624186
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Northern Doji – – –