LINK/USDT – 30M – SELL

The pair Chainlink/Tether (LINK/USDT) jumps from the descending trendline down.

A continuation of the bearish trend down to the next support level at 13.97 will persist.

Caution: A possible trend reversal in the direction of the resistance line at 14.59 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish signal. The currency pair is likely to fall.

Then a ‘Support Level’ indicator signal is detected. The indicator shows ‘Support Level’. which is often a bearish signal. The pair is likely to go down.

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend will persist. Target of the current trend is 13.455 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support level at 14.59 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

14.59 – 14.79 – 14.93 – 13.97 – 14.35 – 14.2 — 47.789022754795 – 45.872609978088 — 89.370847987495 – 72.573922104989 – 92.427196182198 – 85.300046790678

Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – – – –