LINK/USDT – 30M – BUYThe currency pair Chainlink/Tether (LINK/USDT) breaks through the descending trendline upwards
A bullish ascent up to the next resistance level at 13.94 is certain.
Caution: A possible change in the direction of support at 12.82 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Furthermore a ‘%K crosses above %D’ indicator signal is detected. The indicator is ‘%K crosses above %D’. which could be a positive chart scenario. The currency pair is likely to rise.
Furthermore a ‘Northern Doji’ candlestick chart pattern is found. The chart shows ‘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 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 | 13.220000000 |
| Next Low | 12.82 |
| 2nd Low | 12.15 |
| 3rd Low | 12.05 |
13.94 – 14.07 – 14.24 – 13.29 – 13.68 – 13.47 — 37.945951301888 – 46.570057878268 — 12.557875204454 – 37.163787448065 – 28.37596231803 – 25.820412510645
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Northern Doji – Triple top chart pattern – –