LINK/USDT – 30M – BUYThe currency pair Chainlink/Tether (LINK/USDT) breaks through the bullish trendline up.
A continuation of the bullish trend up to the next resistance at 14.35 will continue.
Caution: A possible change in the direction of the support zone at 13.4 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘%K crosses above %D’ indicator layout is detected. The indicator shows ‘%K crosses above %D’. which is often a bullish signal. The currency pair could go up.
Next a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. which is often a bullish signal. The currency pair could go up.
Next a ‘Northern Doji’ candlestick pattern is existing. The candles show ‘Northern Doji’. which is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 14.59 |
| 2nd High | 14.4 |
| Next High | 14.35 |
| Current Price | 14.040000000 |
| Next Low | 13.4 |
| 2nd Low | 13.31 |
| 3rd Low | 12.82 |
13.88 – 13.58 – 13.15 – 13.4 – 13.4 – 13.31 — 64.798642417958 – 68.152085401627 — 83.866694194969 – 89.668283954441 – 86.445096782252 – 85.800557448126
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Northern Doji – Double bottom retreat down – –