LINK/USDT – 1H – SELL

The currency pair Chainlink/Tether (LINK/USDT) jumps from the descending trendline downwards

A continuation of the bearish trend downwards to the next support at 9.08 will persist.

Caution: A possible trend reversal in the direction of resistance at 9.340000000 is within the realm of possibility.
Consider stop-loss settings accordingly.

And also a ” indicator signal is found. The indicator is ”. which could be a negative chart signal. The currency pair could go down.

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And also a ‘StochRSI %K line crosses below %D line’ indicator signal is found. The indicator is ‘StochRSI %K line crosses below %D line’. which could be a negative chart signal. The currency pair could go down.

And also a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. which could be a negative chart scenario. The pair is likely to go down.

And also a ‘Falling Window’ candle chart pattern is detected. The candles form ‘Falling Window’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Falling Window’ heading down is 67% (Bull Market) and 73% (Bear Market).

9.340000000 – 9.93 – 9.95 – 9.08 – 9.12 – 8.92 —
9.340000000 – 9.170000000 —
39.238807648096 – 36.159117679848 —
9.340000000 – 1773889200 —
– 1773889200

Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Falling Window – Symmetrical Triangle Chart Pattern – –