LINK/USDT – 30M – SELL

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

A bearish descent downwards to the next support at 13.85 will continue.

Caution: A possible reversal of the trend in the direction of the resistance level at 14.35 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘Two Crows’ candle pattern is detected. The candles form ‘Two Crows’. which is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

14.2 – 13.33 – 13.52 – 13.85 – 13.94 – 13 — 56.321910181251 – 53.904380398362 — 56.133001356888 – 54.675993623944 – 58.154464664339 – 57.996538657697

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