The pair Chainlink/Tether (LINK/USDT) breaks through the descending trendline upwards
An ascent up to the next resistance at 13.9 will persist.
Caution: A possible counter-trend in the direction of the support zone at 13.62 should always be considered.
Consider stop-loss settings accordingly.
Next a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish signal. The pair is likely to go up.
Next a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. this is usually a bullish chart signal. The currency pair is likely to rise.
Next a ‘Northern Doji’ candlestick pattern is existing. The chart shows ‘Northern Doji’. this is a bullish pattern signal. 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 | 14.4 |
| 2nd High | 14.22 |
| Next High | 13.9 |
| Current Price | 13.800000000 |
| Next Low | 13.62 |
| 2nd Low | 13.43 |
| 3rd Low | 13 |
13.9 – 13.75 – 13.86 – 13.62 – 13.68 – 13.63 — 61.936779759207 – 63.578049905973 — 100 – 100 – 97.17842426037 – 98.589212130185
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Northern Doji – – –