Sell LINK/USDT – 1H – SELL

The pair Chainlink/Tether (LINK/USDT) moves from the bullish trendline downwards

A descending movement down to the next support level at 13.29 will continue.

Caution: A possible reversal of the trend in the direction of resistance at 14.24 could happen.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative signal. The currency pair could go down.

There is also a ‘Support Level’ indicator signal is discovered. The indicator is ‘Support Level’. which could be a negative signal. The currency pair could go down.

There is also a ‘Three Black Crows’ chart pattern is found. The chart shows ‘Three Black Crows’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.

Support & Resistance Price Range*
3rd High 14.93
2nd High 14.35
Next High 14.24
Current Price 13.090000000
Next Low 13.29
2nd Low 12.15
3rd Low 12.05

14.24 – 14.13 – 13.88 – 13.29 – 13.47 – 13.31 — 47.740852725591 – 42.888204345956 — 70.671834625323 – 39.90341847757 – 76.412886155003 – 67.266771155448

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