LINK/USDT – 30M – SELL

Also there is a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. this is usually a bearish chart scenario. The pair is likely to go down.

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 8.74 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support zone at 9.27 is within the realm of possibility.
Consider stop-loss settings accordingly.

Also there is a ‘On Neck’ candlestick chart pattern is discovered. The chart forms ‘On Neck’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘On Neck’ going down is 56% (Bull Market) & 58% (Bear Market).

9.27 – 8.89 – 9.06 – 8.59 – 8.59 – 8.54 —
9.030000000 – 9.120000000 —
61.521628560449 – 62.293971918452 —
– —
9.27 – 1772469000

Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – On Neck – Symmetrical Triangle Chart Pattern – –