LINK/USDT – 30M – SELL

The combination Chainlink/Tether (LINK/USDT) jumps from the descending trendline down.

A continuation of the downtrend down to the next support at 9.02 is considered certain.

Caution: A possible change in the direction of the resistance zone at 9.21 could occur.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘Three Outside Down’ candle chart pattern is found. The chart forms ‘Three Outside Down’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

9.21 – 9.16 – 9.1 – 9.02 – 8.89 – 9.03 —
9.090000000 – 9.070000000 —
47.284319565515 – 46.894729160468 —
– —
9.21 – 1773993600

Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Three Outside Down – – –