LINK/USDT – 1H – SELL

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

A bearish descent down to the next support at 9.09 is certain.

Caution: A possible change in the direction of the resistance level at 9.66 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ” indicator layout is found. The indicator is ”. which could be a negative signal. The currency pair could go down.

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Additionally a ‘StochRSI %K line crosses below %D line’ indicator layout is found. The indicator is ‘StochRSI %K line crosses below %D line’. which could be a negative signal. The currency pair could go down.

Additionally a ‘Last Engulfing Top’ candlestick chart pattern is found. The candles show ‘Last Engulfing Top’. which is a negative signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Last Engulfing Top’ going down is 68% (Bull Market) & 67% (Bear Market).

9.66 – 9.21 – 9.25 – 9.09 – 9.07 – 9.06 —
9.550000000 – 9.740000000 —
66.21014272135 – 76.098617946272 —
– —
9.66 – 1777885200

Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Last Engulfing Top – – –