LINK/USDT – 30M – SELL

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

A bearish movement downwards to the next support level at 8.78 will continue.

Caution: A possible counter-trend in the direction of the resistance level at 9.05 is within the realm of possibility.
Consider stop-loss settings accordingly.

Then a ‘StochRSI %K line crosses below %D line’ indicator layout is discovered. The indicator shows ‘StochRSI %K line crosses below %D line’. which could be a negative chart signal. The currency pair could go down.

Then a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. which is often a bearish chart signal. The currency pair could go down.

Then a ‘Matching Low’ candle chart pattern is found. The candles show ‘Matching Low’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Matching Low’ going up is 61% (Bull & Bear Market).

9.05 – 9.01 – 9 – 8.78 – 7.15 – 9.02 —
8.900000000 – 9.030000000 —
53.6599753089 – 59.972534076618 —
– —
9.05 – 1770436800

Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Matching Low – – –