LINK/USDT – 30M – SELL

In addition a ‘StochRSI %K falls below 0.8’ indicator signal is detected. The indicator shows ‘StochRSI %K falls below 0.8’. which is often a bearish signal. The currency pair could go down.

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 8.52 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support level at 8.91 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

In addition a ‘Three Black Crows’ candlestick pattern is detected. The chart shows ‘Three Black Crows’. which is a negative pattern 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%.

8.91 – 8.45 – 8.6 – 8.3 – 8.17 – 8.13 —
8.790000000 – 8.790000000 —
56.126389017753 – 48.218567155796 —
– —
8.91 – 1771000200

Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Three Black Crows – – –