LINK/USDT – 1H – SELL

The combination Chainlink/Tether (LINK/USDT) jumps from the bullish trendline down.

A bearish trend downwards to the next support line at 8.56 is expected.

Caution: A possible reversal of the trend in the direction of the resistance line at 9.59 could happen.
Consider stop-loss settings accordingly.

There is also a ‘StochRSI %K falls below 0.8’ indicator layout is discovered. The indicator is ‘StochRSI %K falls below 0.8’. which could be a negative signal. The currency pair is likely to fall.

There is also a ‘MACD crosses below signal’ indicator layout is discovered. The indicator is ‘MACD crosses below signal’. which could be a negative signal. The currency pair is likely to fall.

There is also a ‘Three Black Crows’ candlestick pattern is detected. The candles form ‘Three Black Crows’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.

8.93 – 9.27 – 9.21 – 8.56 – 8.54 – 8.21 —
9.510000000 – 9.510000000 —
78.850689155312 – 61.729862452885 —
– —
8.93 – 1772553600

Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Three Black Crows – – –