Sell LINK/USDT – 30M – SELL

The combination Chainlink/Tether (LINK/USDT) goes from the bearish trendline downwards

A continuation of the downward movement downwards to the next support level at 8.993 is considered certain.

Caution: A possible trend reversal in the direction of resistance at 9.223 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

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

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is considered certain. Current target is 9.055 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support zone at 9.223 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Support & Resistance Price Range*
3rd High 9.301
2nd High 9.276
Next High 9.223
Current Price 9.099000000
Next Low 8.993
2nd Low 8.795
3rd Low 8.792

9.223 – 9.276 – 9.301 – 8.993 – 9.161 – 9.115 —
9.150000000 – 9.214000000 —
53.664343401088 – 57.070011597571 —
– —
9.223 – 1780268400

Trading Signals:

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