Then a ‘Rising Wedge Chart Pattern’ chart formation is existing. The chart shows ‘Rising Wedge Chart Pattern’. which is a bearish pattern signal. The currency pair is likely to go down.
The pair Chainlink/Tether (LINK/USDT) goes from the ascending trendline downwards
A descent downwards to the next support line at 22.650000000 is considered certain.
Caution: A possible counter-trend in the direction of the resistance line at 23.540000000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Three Black Crows’ candlestick chart pattern is found. The chart forms ‘Three Black Crows’. this is a bearish 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%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 24.060000000 |
| 2nd High | 23.870000000 |
| Next High | 23.540000000 |
| Current Price | 23.230000000 |
| Next Low | 22.650000000 |
| 2nd Low | 22.090000000 |
| 3rd Low | 21.390000000 |
23.540000000 – 23.530000000 – 23.870000000 – 22.650000000 – 22.090000000 – 22.710000000 — 49.395457200489 – 46.959774904435
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern – –