The combination Chainlink/Tether (LINK/USDT) goes from the ascending trendline upwards
A continuation of the bullish trend up to the next resistance level at 13.45 is likely expected.
Caution: A possible change in the direction of the support level at 13.03 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Then a ‘%K crosses above %D’ indicator layout is found. The indicator is ‘%K crosses above %D’. this is usually a bullish signal. The currency pair could go up.
Then a ‘Northern Doji’ chart pattern is detected. The candles form ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 14.35 |
| 2nd High | 14.24 |
| Next High | 13.45 |
| Current Price | 13.170000000 |
| Next Low | 13.03 |
| 2nd Low | 12.15 |
| 3rd Low | 12.05 |
13.45 – 14.24 – 14.13 – 13.03 – 13.29 – 13.47 — 45.574501198847 – 49.881511039491 — 10.720247714273 – 43.443339000108 – 12.430882258757 – 21.878738680988
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Northern Doji – Triple bottom chart pattern – –