LINK/USDT – 30M – SELLThe pair Chainlink/Tether (LINK/USDT) moves from the ascending trendline downwards
A bearish trend downwards to the next support at 23.680000000 is likely expected.
Caution: A possible change in the direction of the resistance level at 24.430000000 should be noted.
Consider stop-loss settings accordingly.
Furthermore a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. which could be a negative chart signal. The currency pair could go down.
Furthermore a ‘Northern Doji’ chart pattern is detected. The candles form ‘Northern Doji’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 25.020000000 |
| 2nd High | 24.440000000 |
| Next High | 24.430000000 |
| Current Price | 24.360000000 |
| Next Low | 23.680000000 |
| 2nd Low | 22.770000000 |
| 3rd Low | 22.750000000 |
24.430000000 – 24.240000000 – 23.750000000 – 23.680000000 – 22.770000000 – 22.750000000 — 62.084649983677 – 58.902333567831
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Northern Doji – Double bottom retreat down – –