The combination Chainlink/Tether (LINK/USDT) breaks through the bearish trendline up.
An ascent up to the next resistance at 9.41 is expected.
Caution: A possible trend reversal in the direction of the support level at 9 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Support Level’ indicator layout is discovered. The indicator shows ‘Support Level’. which could be a positive signal. The currency pair could go up.
There is also a ‘Northern Doji’ candle chart pattern is found. The candles show ‘Northern Doji’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 9.93 |
| 2nd High | 9.87 |
| Next High | 9.41 |
| Current Price | 9.380000000 |
| Next Low | 9 |
| 2nd Low | 8.93 |
| 3rd Low | 8.69 |
9.41 – 9.36 – 9.38 – 9 – 9.1 – 9.34 —
9.310000000 – 9.390000000 —
53.099292515732 – 57.370088523818 —
– —
9.41 – 1776718800
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Northern Doji – – –