LINK/USDT – 1H – SELL

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

The bearish trend down to the next support at 12.12 will persist.

Caution: A possible reversal of the trend in the direction of the resistance level at 12.66 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative signal. The currency pair could go down.

Besides a ‘%K crosses below %D’ indicator signal is detected. The indicator shows ‘%K crosses below %D’. which could be a negative signal. The currency pair could go down.

Besides a ‘Support Level’ indicator signal is discovered. The indicator is ‘Support Level’. which could be a negative chart scenario. The pair is likely to go down.

Besides a ‘Three Outside Down’ candlestick pattern is discovered. The candles form ‘Three Outside Down’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

12.66 – 12.47 – 13.01 – 12.12 – 11.89 – 12.03 —
12.290000000 – 12.410000000 —
43.096974399398 – 53.670632152309 —
– —
12.66000 – 1769032800

Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Three Outside Down – Symmetrical Triangle Chart Pattern – –