LINK/USDT – 1H – SELL

The currency pair Chainlink/Tether (LINK/USDT) moves from the descending trendline downwards

A continuation of the downtrend downwards to the next support at 7.9 is likely expected.

Caution: A possible reversal of the trend in the direction of resistance at 9.9 is also possible.
Consider stop-loss settings accordingly.

Furthermore a ‘Support Level’ indicator signal is detected. The indicator shows ‘Support Level’. which could be a negative chart scenario. The currency pair is likely to fall.

Furthermore a ‘Three Black Crows’ candle pattern is existing. The chart shows ‘Three Black Crows’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.

9.9 – 10.04 – 11 – 9.02 – 9.08 – 9.02 —
9.170000000 – 9.020000000 —
35.332566899983 – 34.563003569977 —
– —
9.9 – 1770152400

Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Three Black Crows – Symmetrical Triangle Chart Pattern – –