Sell LINK/USDT – 1H – SELL

Correction of the major bearish trend halted around the Fibonacci 1-Level.Continuation of the current descending trend is considered certain. Current target is 8.80596 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the support zone at 8.99 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘Stick Sandwich’ chart pattern is detected. The chart forms ‘Stick Sandwich’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Stick Sandwich’ going up is 62% (Bull Market) & 63% (Bear Market).

Support & Resistance Price Range*
3rd High 9.05
2nd High 9.02
Next High 8.99
Current Price 8.930000000
Next Low 8.65
2nd Low 8.17
3rd Low 8.13

8.99 – 8.91 – 8.6 – 8.65 – 8.66 – 8.17 —
8.830000000 – 8.970000000 —
50.11432993624 – 56.099915517434 —
– —
8.99 – 1771246800

Trading Signals:

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