Sell LINK/USDT – 1H – SELL

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

A continuation of the bearish trend downwards to the next support line at 9.02 is considered certain.

Caution: A possible counter-trend in the direction of the resistance zone at 9.9 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘StochRSI %K line crosses below %D line’ indicator layout is detected. The indicator shows ‘StochRSI %K line crosses below %D line’. which is often a bearish chart signal. The pair is likely to go down.

Additionally a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. which could be a negative signal. The pair is likely to go down.

Additionally a ‘Two Crows’ candlestick chart pattern is existing. The chart shows ‘Two 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 probability of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

Support & Resistance Price Range*
3rd High 11
2nd High 10.04
Next High 9.9
Current Price 8.950000000
Next Low 9.02
2nd Low 8.97
3rd Low 7.9

9.9 – 10.04 – 11 – 9.02 – 9.08 – 9.02 —
9.310000000 – 9.270000000 —
37.628172092858 – 44.548784795629 —
– —
9.9 – 1770152400

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