LINK/USDT – 30M – SELL

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

A continuation of the downtrend down to the next support level at 22.970000000 is considered certain.

Caution: A possible change in the direction of the resistance level at 23.750000000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Furthermore a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. this is usually a bearish chart signal. The currency pair could go down.

Furthermore a ‘Three Outside Down’ candle pattern is discovered. The candles show ‘Three Outside Down’. which is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

23.750000000 – 23.760000000 – 23.870000000 – 23.190000000 – 23.100000000 – 23.160000000 — 35.714081584341 – 34.350701975552

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