LINK/USDT – 1H – BUYThe combination Chainlink/Tether (LINK/USDT) breaks through the bullish trendline upwards
A continuation of the uptrend upwards to the next resistance line at 14.93 is expected.
Caution: A possible trend reversal in the direction of the support level at 11.74 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Northern Doji’ chart pattern is existing. The chart forms ‘Northern Doji’. which is a positive 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).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 16.25 |
| 2nd High | 16.02 |
| Next High | 14.93 |
| Current Price | 14.330000000 |
| Next Low | 11.74 |
| 2nd Low | 11.61 |
| 3rd Low | 7.9 |
14.93 – 13.42 – 13.22 – 11.74 – 12.91 – 12.98 — 48.247555189562 – 50.859056634278 — 32.864443794327 – 44.927620500116 – 25.134933002795 – 34.670976861205
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Northern Doji – – –