Sell LINK/USDT – 1H – SELL

The currency pair Chainlink/Tether (LINK/USDT) jumps from the bearish trendline downwards

A continuation of the downward movement down to the next support at 10.51 will persist.

Caution: A possible change in the direction of resistance at 11 is within the realm of possibility.
Consider stop-loss settings accordingly.

Besides a ‘Three Black Crows’ candlestick chart pattern is existing. The candles show ‘Three Black Crows’. which is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.

Support & Resistance Price Range*
3rd High 12.5
2nd High 12.19
Next High 11
Current Price 9.950000000
Next Low 10.51
2nd Low 7.9
3rd Low

11 – 12.19 – 12.06 – 10.51 – 10.62 – 11.69 —
10.680000000 – 10.400000000 —
33.725468424622 – 18.523394209985 —
– —
11.00000 – 1769799600

Trading Signals:

Forex and Crypto Live Trading Signals - MyLiveSignals