LINK/USDT – 4H – SELLThe currency pair Chainlink/Tether (LINK/USDT) jumps from the bullish trendline downwards
A descent downwards to the next support at 11.8 is likely expected.
Caution: A possible reversal of the trend in the direction of the resistance zone at 13.9 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Three Black Crows’ candlestick chart pattern is found. The chart forms ‘Three Black Crows’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 14.93 |
| 2nd High | 14.4 |
| Next High | 13.9 |
| Current Price | 10.940000000 |
| Next Low | 11.8 |
| 2nd Low | 11.74 |
| 3rd Low | 11.61 |
13.9 – 14.4 – 13.03 – 11.8 – 11.89 – 13.43 —
12.000000000 – 11.670000000 —
38.665305578066 – 27.69617817674 —
– —
13.90000 – 1768665600
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Three Black Crows – – –