LINK/USDT – 30M – SELL

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

A bearish trend downwards to the next support line at 8.92 will continue.

Caution: A possible change in the direction of the resistance zone at 9.34 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ” indicator layout is discovered. The indicator shows ”. which is often a bullish signal. The currency pair could go up.

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Moreover a ‘StochRSI %K line crosses above %D line’ indicator layout is discovered. The indicator shows ‘StochRSI %K line crosses above %D line’. which is often a bullish signal. The currency pair could go up.

Moreover a ‘Last Engulfing Top’ chart pattern is existing. The chart forms ‘Last Engulfing Top’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Last Engulfing Top’ heading down is 68% (Bull Market) & 67% (Bear Market).

9.34 – 9.93 – 9.95 – 9.03 – 9.08 – 9.75 —
9.170000000 – 8.980000000 —
46.836677246251 – 29.850979349967 —
– —
9.34 – 1773889200

Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Last Engulfing Top – Symmetrical Triangle Chart Pattern – –