LINK/USDT – 30M – BUYThe combination Chainlink/Tether (LINK/USDT) jumps from the descending trendline upwards
An ascending movement upwards to the next resistance at 13.56 is certain.
Caution: A possible trend reversal in the direction of the support zone at 7.9 is also possible.
Consider stop-loss settings accordingly.
There is also a ‘Northern Doji’ chart pattern is detected. The chart shows ‘Northern Doji’. which 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’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 14.29 |
| 2nd High | 14 |
| Next High | 13.56 |
| Current Price | 13.110000000 |
| Next Low | 7.9 |
| 2nd Low | |
| 3rd Low |
13.56 – 14 – 13.6 – 13.12 – 13.29 – 13.06 — 42.273639559556 – 47.901108535472 — 50.095770159259 – 78.338415303753 – 31.014925463078 – 52.286977288273
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Northern Doji – – –