LINK/USDT – 1H – SELL

The currency pair Chainlink/Tether (LINK/USDT) goes from the ascending trendline downwards

A bearish descent downwards to the next support at 8.53 will persist.

Caution: A possible counter-trend in the direction of the resistance level at 8.78 could occur.
Consider stop-loss settings accordingly.

And also a ‘Three Black Crows’ candle pattern is existing. The candles form ‘Three Black Crows’. which is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.

8.78 – 9.49 – 9.64 – 8.53 – 8.73 – 9.07 —
8.630000000 – 8.650000000 —
37.825789852983 – 44.0825746736 —
– —
8.78 – 1772964000

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