LINK/USDT – 30M – SELL

The currency pair Chainlink/Tether (LINK/USDT) goes from the ascending trendline down.

The bearish trend downwards to the next support line at 12.640000000 is likely expected.

Caution: A possible change in the direction of resistance at 14.080000000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Northern Doji’ chart pattern is detected. The candles form ‘Northern Doji’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

14.080000000 – 13.690000000 – 14.040000000 – 12.640000000 – 13.700000000 – 13.980000000

Trading Signals: FOREX – LINK – LINK/USDT – USDT – Northern Doji