LINK/USDT – 30M – BUYThe combination Chainlink/Tether (LINK/USDT) goes from the bullish trendline upwards
A continuation of the upward movement up to the next resistance at 26.620000000 is expected.
Caution: A possible trend reversal in the direction of the support level at 25.210000000 could happen.
Consider stop-loss settings accordingly.
Furthermore a ‘Northern Doji’ candle chart pattern is found. The candles form ‘Northern Doji’. which 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 chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 27.870000000 |
| Next High | 26.620000000 |
| Current Price | 25.930000000 |
| Next Low | 25.210000000 |
| 2nd Low | 24.090000000 |
| 3rd Low | 23.360000000 |
26.620000000 – 26.380000000 – 26.220000000 – 25.210000000 – 25.270000000 – 25.520000000 — 46.948823362766 – 50.378623669495
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Northern Doji – Double top retreat up – –