LINK/USDT – 1H – BUY

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

A continuation of the upward movement up to the next resistance level at 13.88 is likely expected.

Caution: A possible trend reversal in the direction of support at 13.31 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘Northern Doji’ candlestick pattern is found. The chart forms ‘Northern Doji’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

13.88 – 12.55 – 12.61 – 13.31 – 12.15 – 12.19 — 62.750746170927 – 66.37265753765 — 78.968977068383 – 91.849207309694 – 56.186563051581 – 76.06827024759

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