LINK/USDT – 30M – SELL

The pair Chainlink/Tether (LINK/USDT) moves from the bullish trendline downwards

A bearish descent down to the next support at 9.16 is certain.

Caution: A possible counter-trend in the direction of the resistance level at 9.4 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘StochRSI %K falls below 0.8’ indicator signal is existing. The indicator is ‘StochRSI %K falls below 0.8’. this is usually a bearish chart scenario. The currency pair could go down.

Furthermore a ‘Southern Doji’ candlestick pattern is found. The candles form ‘Southern Doji’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Southern Doji’ going up is 51% (Bull Market) & 52% (Bear Market).

9.4 – 9.11 – 9.18 – 9.16 – 8.89 – 8.83 —
9.290000000 – 9.430000000 —
62.045859754185 – 55.89650480559 —
– —
9.4 – 1773361800

Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Southern Doji – – –