LINK/USDT – 1H – SELL

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

A continuation of the downtrend down to the next support at 8.66 will persist.

Caution: A possible reversal of the trend in the direction of the resistance line at 8.91 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Tweezers Top’ candle pattern is detected. The chart shows ‘Tweezers Top’. this is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Tweezers Top’ heading down is 56% (Bull Market) & 55% (Bear Market).

8.91 – 8.6 – 8.57 – 8.66 – 8.17 – 8.13 —
8.890000000 – 8.810000000 —
63.109260783487 – 51.518569414076 —
– —
8.91 – 1770998400

Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Tweezers Top – Symmetrical Triangle Chart Pattern – –