Sell LINK/USDT – 30M – SELL

And also a ‘Rising Wedge Chart Pattern’ chart pattern is discovered. The chart forms ‘Rising Wedge Chart Pattern’. which is a bearish pattern signal. The pair is likely to go down.

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

A bearish descent downwards to the next support at 18.220000000 will continue.

Caution: A possible trend reversal in the direction of the resistance level at 19.070000000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Matching Low’ candlestick pattern is discovered. The candles show ‘Matching Low’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Matching Low’ going up is 61% (Bull & Bear Market).

Support & Resistance Price Range*
3rd High 19.990000000
2nd High 19.760000000
Next High 19.070000000
Current Price 18.740000000
Next Low 18.220000000
2nd Low 18.160000000
3rd Low 17.410000000

19.070000000 – 18.490000000 – 18.460000000 – 18.220000000 – 18.160000000 – 17.410000000 — 52.506414254005 – 52.016669846191

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