The pair Chainlink/Tether (LINK/USDT) goes from the bullish trendline down.
A descending movement down to the next support at 7.9 will persist.
Caution: A possible change in the direction of the resistance line at 13.9 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Three Black Crows’ candle pattern is found. The candles form ‘Three Black Crows’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 14.93 |
| 2nd High | 14.4 |
| Next High | 13.9 |
| Current Price | 10.610000000 |
| Next Low | 7.9 |
| 2nd Low | |
| 3rd Low |
13.9 – 14.4 – 13.03 – 11.8 – 11.89 – 13.43 —
11.200000000 – 10.900000000 —
17.025384975621 – 27.34039116343 —
– —
13.90000 – 1768665600
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Three Black Crows – Double top chart pattern – –