Sell LINK/USDT – 1H – SELL

Also there is a ‘Rising Wedge Chart Pattern’ chart formation is discovered. The chart picture shows ‘Rising Wedge Chart Pattern’. which is a negative pattern signal. The currency pair is likely to go down.

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

A descent down to the next support line at 10.03 will persist.

Caution: A possible reversal of the trend in the direction of the resistance zone at 10.81 should be noted.
Consider stop-loss settings accordingly.

Also there is a ‘Support Level’ indicator signal is discovered. The indicator is ‘Support Level’. which could be a negative signal. The currency pair is likely to fall.

Also there is a ‘Bearish Engulfing’ candle pattern is existing. The chart shows ‘Bearish Engulfing’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Engulfing’ heading down is 79%.

Support & Resistance Price Range*
3rd High 11
2nd High 10.87
Next High 10.81
Current Price 10.210000000
Next Low 10.03
2nd Low 9.77
3rd Low 9.09

10.81 – 10.71 – 10.87 – 10.03 – 10.09 – 10.4 —
10.280000000 – 10.270000000 —
46.7370053491 – 47.492275968636 —
– —
10.81 – 1778662800

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