LINK/USDT – 1H – SELL

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

A bearish descent downwards to the next support level at 15.020000000 is likely expected.

Caution: A possible trend reversal in the direction of the resistance level at 15.880000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘Three Black Crows’ candlestick pattern is detected. The candles form ‘Three Black Crows’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.

15.880000000 – 13.730000000 – 13.270000000 – 15.020000000 – 13.200000000 – 13.100000000

Trading Signals: FOREX – LINK – LINK/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern