The currency pair Chainlink/Tether (LINK/USDT) breaks through the bullish trendline upwards
A continuation of the uptrend upwards to the next resistance line at 14 will persist.
Caution: A possible change in the direction of the support zone at 11.98 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Moreover a ‘%K crosses above %D’ indicator signal is discovered. The indicator shows ‘%K crosses above %D’. which is often a bullish chart scenario. The currency pair is likely to rise.
Moreover a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. this is usually a bullish chart signal. The currency pair is likely to rise.
Moreover a ‘Northern Doji’ candle pattern is existing. The candles form ‘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 probability 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 | 13.640000000 |
| Next Low | 11.98 |
| 2nd Low | 11.74 |
| 3rd Low | 11.61 |
13.5 – 12.22 – 12.22 – 11.98 – 11.74 – 12.04 — 75.46624802987 – 77.065069820649 — 14.622867861973 – 36.321598394625 – 19.006482490315 – 22.447090971048
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Northern Doji – – –