LINK/USDT – 30M – SELLThe pair Chainlink/Tether (LINK/USDT) jumps from the bearish trendline down.
A continuation of the bearish trend down to the next support at 7.9 is likely expected.
Caution: A possible reversal of the trend in the direction of resistance at 13.34 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘%K fall below 80’ indicator layout is found. The indicator is ‘%K fall below 80’. this is usually a bearish signal. The currency pair could go down.
And also a ‘Southern Doji’ candle pattern is detected. The candles show ‘Southern Doji’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Southern Doji’ going up is 51% (Bull Market) & 52% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 14.29 |
| 2nd High | 14 |
| Next High | 13.34 |
| Current Price | 12.000000000 |
| Next Low | 7.9 |
| 2nd Low | |
| 3rd Low |
13.34 – 14 – 13.56 – 12.77 – 12.77 – 13.12 — 21.656253873788 – 21.491085161223 — 6.1987451019199 – 0.25759275416511 – 9.9579423068755 – 6.1408917141736
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Southern Doji – – –