LINK/USDT – 30M – SELL

Additionally a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish signal. The currency pair is likely to fall.

Additionally a ‘StochRSI %K line crosses below %D line’ indicator layout is detected. The indicator is ‘StochRSI %K line crosses below %D line’. this is usually a bearish signal. The currency pair is likely to fall.

Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. Current target is 8.89 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the support zone at 9.14 is also possible.
Consider stop-loss settings accordingly.

Additionally a ‘Bearish Engulfing’ chart pattern is discovered. The chart shows ‘Bearish Engulfing’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Engulfing’ heading down is 79%.

9.14 – 9.6 – 9.4 – 8.92 – 9.02 – 9.16 —
9.010000000 – 9.050000000 —
43.500920821178 – 54.507560105469 —
– —
9.14 – 1773462600

Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Bearish Engulfing – – –