LINK/USDT – 4H – SELL

Additionally a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish chart scenario. The currency pair could go down.

Additionally a ‘StochRSI %K falls below 0.8’ indicator layout is detected. The indicator shows ‘StochRSI %K falls below 0.8’. which is often a bearish chart scenario. 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 7.593 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support zone at 8.176 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘Three Black Crows’ chart pattern is found. The candles form ‘Three Black Crows’. which is a negative pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.

8.176 – 7.501 – 7.478 – 7.076 – 7.16 – 7.01 —
8.009000000 – 8.006000000 —
61.067534703839 – 59.2216202125 —
– —
8.176 – 1783181100

Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Three Black Crows – – –