LINK/USDT – 1H – SELL

Correction of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend will continue. Current target is 8.50532 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of support at 9.21 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Three Black Crows’ candlestick pattern is detected. The chart shows ‘Three Black Crows’. which is a bearish chart scenario. The currency 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%.

9.21 – 9.59 – 9.05 – 8.21 – 8.45 – 8.35 —
9.000000000 – 9.000000000 —
54.360835728131 – 54.602440252811 —
– —
9.21 – 1772330400

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