Sell LINK/USDT – 30M – SELL

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend will continue. Current target is 8.1915 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of support at 8.6 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘Three Outside Down’ candle pattern is existing. The chart shows ‘Three Outside Down’. this 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 ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

Support & Resistance Price Range*
3rd High 8.876
2nd High 8.616
Next High 8.6
Current Price 8.376000000
Next Low 7.783
2nd Low 7.753
3rd Low 7.688

8.6 – 8.219 – 8.05 – 7.783 – 7.938 – 7.858 —
8.571000000 – 8.453000000 —
73.692483212118 – 53.226376366731 —
– —
8.6 – 1781537400

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