LINK/USDT – 1H – BUY

The combination Chainlink/Tether (LINK/USDT) breaks through the descending trendline upwards

An ascending movement up to the next resistance level at 13.22 is certain.

Caution: A possible counter-trend in the direction of the support line at 12.91 is within the realm of possibility.
Consider stop-loss settings accordingly.

Also there is a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish chart signal. The currency pair could go up.

Also there is a ‘%K crosses above %D’ indicator signal is detected. The indicator shows ‘%K crosses above %D’. this is usually a bullish chart signal. The currency pair could go up.

Also there is a ‘Support Level’ indicator layout is detected. The indicator shows ‘Support Level’. which is often a bullish chart scenario. The currency pair could go up.

Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is certain. Target of the current trend is 13.24 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of resistance at 13.22 is within the realm of possibility.
Consider stop-loss settings accordingly.

Also there is a ‘Northern Doji’ chart pattern is existing. 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 probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

13.22 – 13.55 – 13.54 – 12.91 – 12.98 – 13.04 — 53.283727840736 – 64.762140234738 — 71.913981786179 – 81.031096145506 – 74.05338299193 – 74.748093160889

Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Northern Doji – Triple bottom chart pattern – –