LINK/USDT – 30M – SELLThe combination Chainlink/Tether (LINK/USDT) jumps from the descending trendline downwards
A continuation of the bearish trend down to the next support level at 23.230000000 will continue.
Caution: A possible change in the direction of the resistance level at 24.310000000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Three Black Crows’ candlestick chart pattern is existing. The chart shows ‘Three Black Crows’. which is a negative pattern signal. The 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%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 24.740000000 |
| 2nd High | 24.370000000 |
| Next High | 24.310000000 |
| Current Price | 22.480000000 |
| Next Low | 23.230000000 |
| 2nd Low | 23.110000000 |
| 3rd Low | 21.020000000 |
24.310000000 – 24.370000000 – 24.740000000 – 23.230000000 – 23.110000000 – 21.020000000 — 39.261924388954 – 35.158372327298
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Three Black Crows – Double top chart pattern – –