The pair Chainlink/Tether (LINK/USDT) breaks through the bullish trendline up.
A continuation of the bullish trend up to the next resistance at 13.22 is certain.
Caution: A possible change in the direction of support at 12.75 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. which is often a bullish signal. The pair is likely to go up.
Also there is a ‘Northern Doji’ chart pattern is discovered. The chart forms ‘Northern Doji’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 14 |
| 2nd High | 13.34 |
| Next High | 13.22 |
| Current Price | 13.490000000 |
| Next Low | 12.75 |
| 2nd Low | 12.55 |
| 3rd Low | 12.35 |
13.22 – 13.05 – 13.21 – 12.75 – 12.92 – 12.55 — 70.756246050226 – 74.065787129303 — 94.252975661752 – 100 – 90.807454268994 – 96.168650441168
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Northern Doji – Double bottom chart pattern – –