LINK/USDT – 30M – SELL

Additionally a ‘Double top chart pattern’ chart layout is existing. The formation shows ‘Double top chart pattern’. this is a bearish pattern signal. The pair is likely to go down.

The combination Chainlink/Tether (LINK/USDT) jumps from the bullish trendline downwards

A descending movement down to the next support level at 15.220000000 will persist.

Caution: A possible trend reversal in the direction of the resistance level at 15.880000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. which could be a negative chart signal. The currency pair is likely to fall.

Additionally a ‘Three Outside Down’ candlestick chart pattern is detected. The chart shows ‘Three Outside Down’. which is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

15.880000000 – 15.610000000 – 13.690000000 – 15.220000000 – 13.200000000 – 13.280000000

Trading Signals: FOREX – LINK – LINK/USDT – USDT – Three Outside Down – Double top chart pattern