Sell LINK/USDT – 1H – SELL

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

A descent down to the next support level at 9.07 will continue.

Caution: A possible reversal of the trend in the direction of resistance at 9.49 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. which is often a bearish chart signal. The pair is likely to go down.

Also there is a ‘Three Outside Down’ candlestick pattern is discovered. The chart forms ‘Three Outside Down’. which 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 success rate of a ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

Support & Resistance Price Range*
3rd High 9.9
2nd High 9.64
Next High 9.49
Current Price 9.120000000
Next Low 9.07
2nd Low 8.56
3rd Low 8.54

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:

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