LINK/USDT – 30M – BUYThe currency pair Chainlink/Tether (LINK/USDT) moves from the bearish trendline upwards
A bullish movement up to the next resistance level at 13.94 is expected.
Caution: A possible reversal of the trend in the direction of support at 13.03 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Moreover a ‘Northern Doji’ candlestick pattern is detected. The chart shows ‘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’ 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 | 13.290000000 |
| Next Low | 13.03 |
| 2nd Low | 12.82 |
| 3rd Low | 12.15 |
13.94 – 14.07 – 14.24 – 13.03 – 13.29 – 13.68 — 52.83227744225 – 53.525256133672 — 67.086642508517 – 83.094384253099 – 50.430439807764 – 64.411619388441
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Northern Doji – Triple top chart pattern – –