Sell LINK/USDT – 30M – SELL

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

A bearish trend downwards to the next support at 9.52 is considered certain.

Caution: A possible counter-trend in the direction of the resistance line at 9.86 could be enabled.
Consider stop-loss settings accordingly.

Furthermore a ‘Matching Low’ candlestick pattern is existing. The chart shows ‘Matching Low’. which is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Matching Low’ heading up is 61% (Bull & Bear Market).

Support & Resistance Price Range*
3rd High 10.08
2nd High 10.04
Next High 9.86
Current Price 9.120000000
Next Low 9.52
2nd Low 9.02
3rd Low 8.97

9.86 – 10.04 – 10.08 – 9.52 – 9.58 – 9.7 —
9.720000000 – 9.470000000 —
51.659344673337 – 28.853485474581 —
– —
9.86 – 1770093000

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