LINK/USDT – 4H – SELLThe combination Chainlink/Tether (LINK/USDT) jumps from the bearish trendline downwards
A continuation of the bearish trend downwards to the next support at will continue.
Caution: A possible change in the direction of the resistance line at 24.060000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative chart scenario. The currency pair could go down.
In addition a ‘Three Black Crows’ candle pattern is detected. The candles show ‘Three Black Crows’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 27.870000000 |
| 2nd High | 26.030000000 |
| Next High | 24.060000000 |
| Current Price | 23.250000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
24.060000000 – 26.030000000 – 27.870000000 – 22.090000000 – 22.830000000 – 22.880000000 — 50.470777383689 – 46.078876110484
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Three Black Crows – Double top retreat up – –