LINK/USDT – 1H – SELL

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

A bearish descent downwards to the next support level at 9.07 is likely expected.

Caution: A possible change in the direction of the resistance level at 9.49 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. this is usually a bearish signal. The currency pair is likely to fall.

There is also a ‘Three Outside Down’ candlestick pattern is discovered. The candles show ‘Three Outside Down’. this is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Down’ heading 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 – –