LINK/USDT – 30M – BUYThe currency pair Chainlink/Tether (LINK/USDT) moves from the bullish trendline upwards
A continuation of the bullish trend upwards to the next resistance level at 23.540000000 is considered certain.
Caution: A possible trend reversal in the direction of the support level at is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart scenario. The pair is likely to go up.
Besides a ‘Northern Doji’ chart pattern is detected. The candles form ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 24.060000000 |
| 2nd High | 23.870000000 |
| Next High | 23.540000000 |
| Current Price | 23.260000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
23.540000000 – 23.530000000 – 23.870000000 – 22.650000000 – 22.090000000 – 22.710000000 — 50.262727716955 – 55.421342832783
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Northern Doji – Double bottom chart pattern – –