LINK/USDT – 30M – SELLCorrection of the major bearish trend halted around the Fibonacci 1-Level.Continuation of the current descending trend is considered certain. Current target is 7.974126 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of the support line at 7.994 should be noted.
Consider stop-loss settings accordingly.
Additionally a ‘Bearish Harami’ candle chart pattern is detected. The candles show ‘Bearish Harami’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish Harami’ going down is 53% (Bull Market) & 50% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 8.015 |
| 2nd High | 8.011 |
| Next High | 7.994 |
| Current Price | 7.963000000 |
| Next Low | 7.898 |
| 2nd Low | 7.824 |
| 3rd Low | 7.764 |
7.994 – 8.011 – 8.015 – 7.898 – 7.824 – 7.864 —
7.893000000 – 7.910000000 —
28.78719544511 – 48.592992310875 —
– —
7.994 – 1782057600
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Bearish Harami – – –