LINK/USDT – 30M – BUYNext a ‘Double bottom chart pattern’ chart layout is found. The chart forms ‘Double bottom chart pattern’. this is a bullish pattern signal. The pair is likely to go up.
The pair Chainlink/Tether (LINK/USDT) breaks through the ascending trendline upwards
A continuation of the bullish trend up to the next resistance line at 23.610000000 is certain.
Caution: A possible trend reversal in the direction of the support level at 23.210000000 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. this is usually a bullish chart signal. The currency pair is likely to rise.
Correction of the major bearish trend broke through the Fibonacci 0.79-Level.Continuation of the current ascending trend is certain. Target of the current trend is 23.87 at the Fibonacci level 1-Level. Caution: A possible trend reversal in the direction of resistance at 23.610000000 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘Northern Doji’ candle chart pattern is discovered. The candles form ‘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 likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 24.060000000 |
| 2nd High | 23.870000000 |
| Next High | 23.610000000 |
| Current Price | 23.660000000 |
| Next Low | 23.210000000 |
| 2nd Low | 22.650000000 |
| 3rd Low | 22.090000000 |
23.610000000 – 23.540000000 – 23.530000000 – 23.210000000 – 22.650000000 – 22.090000000 — 57.968022846053 – 60.080930571459
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Northern Doji – Double bottom chart pattern – –