LINK/USDT – 30M – BUYThe pair Chainlink/Tether (LINK/USDT) breaks through the ascending trendline upwards
A continuation of the bullish trend up to the next resistance line at 25.410000000 is considered certain.
Caution: A possible reversal of the trend in the direction of the support level at 23.310000000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Northern Doji’ candlestick pattern is detected. The chart shows ‘Northern Doji’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 26.460000000 |
| 2nd High | 26.030000000 |
| Next High | 25.410000000 |
| Current Price | 24.680000000 |
| Next Low | 23.310000000 |
| 2nd Low | 23.200000000 |
| 3rd Low | 22.890000000 |
24.270000000 – 23.930000000 – 23.670000000 – 23.310000000 – 23.200000000 – 22.890000000 — 76.471721799407 – 77.091537616241
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Northern Doji – Double bottom chart pattern – –