LINK/USDT – 30M – SELL

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

A bearish trend downwards to the next support at 13.05 will persist.

Caution: A possible trend reversal in the direction of the resistance line at 13.45 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘%K crosses below %D’ indicator signal is detected. The indicator shows ‘%K crosses below %D’. which is often a bearish chart scenario. The currency pair is likely to fall.

Also there is a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. this is usually a bearish chart signal. The currency pair could go down.

Also there is a ‘Two Crows’ candlestick chart pattern is found. The candles show ‘Two Crows’. which is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

13.37 – 13.28 – 13.24 – 13.05 – 13.08 – 13.12 — 58.429097566114 – 55.19612659511 — 60.938930108697 – 47.457553084621 – 60.831657087736 – 57.264517129874

Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Two Crows – Symmetrical Triangle Chart Pattern – –