LINK/USDT – 1H – SELL

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

A continuation of the bearish trend down to the next support line at 8.094 is likely expected.

Caution: A possible trend reversal in the direction of resistance at 8.484 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘StochRSI %K line crosses below %D line’ indicator signal is detected. The indicator shows ‘StochRSI %K line crosses below %D line’. which is often a bearish signal. The currency pair could go down.

Then a ‘Three Black Crows’ candle chart pattern is detected. The candles form ‘Three Black Crows’. which is a negative pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.

8.484 – 8.6 – 8.05 – 8.094 – 8.151 – 7.783 —
8.340000000 – 8.372000000 —
54.114623371315 – 55.270085471182 —
– —
8.484 – 1781611200

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