LINK/USDT – 1H – SELL

The combination Chainlink/Tether (LINK/USDT) moves from the bullish trendline down.

A bearish descent downwards to the next support line at 8.45 is certain.

Caution: A possible reversal of the trend in the direction of the resistance level at 9.59 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Matching Low’ candlestick chart pattern is discovered. The chart forms ‘Matching Low’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Matching Low’ going up is 61% (Bull & Bear Market).

9.59 – 9.05 – 9.02 – 8.45 – 8.35 – 8.52 —
9.440000000 – 9.340000000 —
65.493609972615 – 62.296024803752 —
– —
9.59 – 1772053200

Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Matching Low – – –