LINK/USDT – 1H – BUYThe pair Chainlink/Tether (LINK/USDT) breaks through the descending trendline upwards
The bullish trend upwards to the next resistance line at 13.22 is expected.
Caution: A possible trend reversal in the direction of the support level at 12.55 could occur.
Consider stop-loss settings accordingly.
Additionally a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is found. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish chart scenario. The currency pair could go up.
Additionally a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. this is usually a bullish chart signal. The currency pair is likely to rise.
Additionally a ‘Northern Doji’ candle pattern is detected. The chart shows ‘Northern Doji’. which is a bullish signal. The 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 | 14.29 |
| 2nd High | 14 |
| Next High | 13.22 |
| Current Price | 12.980000000 |
| Next Low | 12.55 |
| 2nd Low | 12.3 |
| 3rd Low | 11.74 |
13.22 – 13.21 – 12.85 – 12.55 – 12.3 – 12.35 — 46.547881283576 – 52.969441542283 — 34.352861405886 – 44.812209768306 – 23.68660759343 – 33.840349032842
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Northern Doji – – –