LINK/USDT – 1H – SELL

The currency pair Chainlink/Tether (LINK/USDT) jumps from the ascending trendline downwards

The bearish trend downwards to the next support level at 21.020000000 will continue.

Caution: A possible counter-trend in the direction of the resistance line at could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘RSI fall below 70’ indicator signal is found. The indicator is ‘RSI fall below 70’. which could be a negative signal. The currency pair could go down.

There is also a ‘StochRSI fall below 80’ indicator signal is found. The indicator is ‘StochRSI fall below 80’. which could be a negative signal. The currency pair could go down.

There is also a ‘Matching Low’ candlestick chart pattern is detected. The chart shows ‘Matching Low’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Matching Low’ going up is 61% (Bull & Bear Market).

22.700000000 – 21.470000000 – 16.910000000 – 21.020000000 – 21.150000000 – 16.570000000 — 52.942408764292 – 52.413294939026

Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Matching Low – Triple bottom chart pattern – –