LINK/USDT – 30M – SELL

The currency pair Chainlink/Tether (LINK/USDT) goes from the ascending trendline downwards

A descending movement downwards to the next support at 8.86 is likely expected.

Caution: A possible counter-trend in the direction of the resistance zone at 9.18 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘StochRSI %K falls below 0.8’ indicator layout is existing. The indicator shows ‘StochRSI %K falls below 0.8’. which could be a negative signal. The currency pair could go down.

9.18 – 9.04 – 9.19 – 8.86 – 8.9 – 8.85 —
9.120000000 – 9.110000000 —
58.137799541268 – 50.691464025525 —
– —
9.18 – 1773235800

Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – – Rising Wedge Chart Pattern – –