LINK/USDT – 30M – BUY

The combination Chainlink/Tether (LINK/USDT) goes from the descending trendline upwards

The bullish trend upwards to the next resistance level at 13.42 is certain.

Caution: A possible trend reversal in the direction of the support line at 12.04 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘%K crosses above %D’ indicator layout is found. The indicator shows ‘%K crosses above %D’. which is often a bullish chart scenario. The currency pair is likely to rise.

Besides a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. this is usually a bullish chart signal. The pair is likely to go up.

Correction of the major bullish trend halted around the Fibonacci 1-Level.Continuation of the current ascending trend is certain. Current target is 12.361 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the resistance level at 13.42 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘Northern Doji’ candle pattern is existing. The candles form ‘Northern Doji’. which is a bullish pattern signal. The 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).

13.42 – 13.12 – 13.22 – 12.04 – 12.97 – 12.94 — 32.25847777236 – 32.25847777236 — 68.887445825499 – 72.068799323561 – 74.494361930112 – 70.627329321557

Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Northern Doji – – –