The pair Chainlink/Tether (LINK/USDT) moves from the bullish trendline down.
The bearish trend down to the next support line at will continue.
Caution: A possible counter-trend in the direction of the resistance level at 13.94 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative chart scenario. The pair is likely to go down.
Moreover a ‘Northern Doji’ chart pattern is existing. The candles show ‘Northern Doji’. this is a bullish signal. The currency pair is likely to rise. 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 | 14.24 |
| 2nd High | 14.07 |
| Next High | 13.94 |
| Current Price | 13.410000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
13.94 – 14.07 – 14.24 – 13.68 – 13.47 – 13.68 — 41.688267882773 – 34.316845048023 — 17.049047851348 – 11.104660538623 – 23.353520524348 – 17.250598943291
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Northern Doji – Double top chart pattern – –