LINK/USDT – 30M – SELLThe currency pair Chainlink/Tether (LINK/USDT) jumps from the bearish trendline downwards
A continuation of the downtrend down to the next support at is certain.
Caution: A possible change in the direction of the resistance line at 23.540000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish chart signal. The currency pair could go down.
Then a ‘Three Black Crows’ candlestick chart pattern is found. The chart shows ‘Three Black Crows’. which is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading 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 | |
| 2nd Low | |
| 3rd Low |
23.540000000 – 23.530000000 – 23.870000000 – 22.650000000 – 22.090000000 – 22.710000000 — 52.738213515612 – 49.378278572339
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Three Black Crows – – –