There is also a ‘Double bottom chart pattern’ chart layout is found. The chart picture forms ‘Double bottom chart pattern’. this is a bullish signal. The pair is likely to go up.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend will continue. Current target is 13.93128 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 14 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Northern Doji’ candle pattern is detected. The candles show ‘Northern Doji’. which is a bullish chart scenario. The currency 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 | 14.54 |
| 2nd High | 14.29 |
| Next High | 14 |
| Current Price | 13.620000000 |
| Next Low | 12.77 |
| 2nd Low | 7.9 |
| 3rd Low |
13.56 – 14 – 13.6 – 12.77 – 13.12 – 13.29 — 63.718655910867 – 66.836848620565 — 99.387148751479 – 99.387148751479 – 99.591432500986 – 99.387148751479
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Northern Doji – Double bottom chart pattern – –