LINK/USDT – 30M – SELL

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

A bearish movement downwards to the next support level at 11.74 is likely expected.

Caution: A possible counter-trend in the direction of the resistance zone at 12.020000000 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. which is often a bearish chart scenario. The currency pair is likely to fall.

Also there is a ‘Bearish Engulfing’ candlestick pattern is detected. The chart shows ‘Bearish Engulfing’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Engulfing’ heading down is 79%.

12.020000000 – 12.19 – 12.06 – 11.84 – 11.8 – 12.13 —
12.020000000 – 11.940000000 —
49.78270590704 – 34.862252863589 —
12.020000000 – 1769594400 —
– 1769594400

Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Bearish Engulfing – Double top chart pattern – –