LINK/USDT – 1H – SELL

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

A descent downwards to the next support level at 9.07 will persist.

Caution: A possible reversal of the trend in the direction of resistance at 9.49 could occur.
Consider stop-loss settings accordingly.

Additionally a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. which is often a bearish chart scenario. The currency pair could go down.

Additionally a ‘Three Outside Down’ candlestick chart pattern is detected. The chart shows ‘Three Outside Down’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

9.49 – 9.64 – 8.93 – 9.07 – 8.56 – 8.54 —
9.240000000 – 9.300000000 —
46.881471731571 – 53.084120238841 —
– —
9.49 – 1772712000

Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Three Outside Down – Symmetrical Triangle Chart Pattern – –