LINK/USDT – 30M – SELL

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

A continuation of the downtrend downwards to the next support level at will continue.

Caution: A possible change in the direction of the resistance line at 25.020000000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish chart signal. The currency pair is likely to fall.

Moreover a ‘Northern Doji’ candle chart pattern is existing. The chart shows ‘Northern Doji’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

25.020000000 – 25.640000000 – 25.330000000 – 24.470000000 – 24.440000000 – 24.160000000 — 46.092333838116 – 42.964387761769

Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Northern Doji – Symmetrical Triangle Chart Pattern – –