LINK/USDT – 1H – SELL

The combination Chainlink/Tether (LINK/USDT) jumps from the bullish trendline downwards

A descending movement downwards to the next support level at 7.9 is considered certain.

Caution: A possible counter-trend in the direction of the resistance line at 11 is also possible.
Consider stop-loss settings accordingly.

Also there is a ‘Three Black Crows’ candlestick pattern is found. The chart forms ‘Three Black Crows’. which is a negative chart scenario. 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%.

11 – 12.19 – 12.06 – 10.51 – 10.62 – 11.69 —
10.770000000 – 10.510000000 —
42.303599719065 – 28.874468203994 —
– —
11.00000 – 1769799600

Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Three Black Crows – Double top chart pattern – –