LINK/USDT – 4H – BUYThe pair Chainlink/Tether (LINK/USDT) breaks through the descending trendline upwards
An ascending movement upwards to the next resistance at 14.54 is expected.
Caution: A possible change in the direction of the support line at 13.58 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Support Level’ indicator signal is detected. The indicator shows ‘Support Level’. this is usually a bullish signal. The currency pair could go up.
Also there is a ‘Northern Doji’ chart pattern is detected. The candles form ‘Northern Doji’. which is a bullish pattern signal. The currency pair is likely to go up. 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 | 17.66 |
| 2nd High | 16.8 |
| Next High | 14.54 |
| Current Price | 13.900000000 |
| Next Low | 13.58 |
| 2nd Low | 7.9 |
| 3rd Low |
14.54 – 16.8 – 16.23 – 13.58 – 13.69 – 16.54 — 44.343398777906 – 48.095947118279 — 55.391928899912 – 78.11192063246 – 41.639539089547 – 57.818770560981
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Northern Doji – Double bottom chart pattern – –