The pair Chainlink/Tether (LINK/USDT) goes from the descending trendline downwards
A continuation of the bearish trend down to the next support line at 9.02 will continue.
Caution: A possible reversal of the trend in the direction of resistance at 10.04 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ” indicator layout is discovered. The indicator shows ”. which could be a negative chart signal. The currency pair could go down.
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There is also a ‘StochRSI %K falls below 0.8’ indicator layout is discovered. The indicator shows ‘StochRSI %K falls below 0.8’. which could be a negative chart signal. The currency pair could go down.
There is also a ‘Three Black Crows’ candle pattern is existing. 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’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 12.19 |
| 2nd High | 11 |
| Next High | 10.04 |
| Current Price | 9.120000000 |
| Next Low | 9.02 |
| 2nd Low | 8.97 |
| 3rd Low | 7.9 |
10.04 – 11 – 12.19 – 9.02 – 8.97 – 10.51 —
9.700000000 – 9.750000000 —
43.090736083586 – 39.778917615515 —
– —
10.04 – 1770044400
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Three Black Crows – Symmetrical Triangle Chart Pattern – –