Sell LINK/USDT – 1H – SELL

Also there is a ‘Rising Wedge Chart Pattern’ chart layout is found. The chart forms ‘Rising Wedge Chart Pattern’. this is a bearish chart scenario. The currency pair is likely to go down.

The pair Chainlink/Tether (LINK/USDT) moves from the bullish trendline downwards

A bearish movement down to the next support level at 21.020000000 will continue.

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

Also there is a ‘RSI fall below 70’ indicator signal is discovered. The indicator shows ‘RSI fall below 70’. which could be a negative chart scenario. The currency pair is likely to fall.

Also there is a ‘StochRSI fall below 80’ indicator signal is discovered. The indicator shows ‘StochRSI fall below 80’. which could be a negative chart scenario. The currency pair is likely to fall.

Also there is a ‘Three Inside Down’ candlestick chart pattern is detected. The candles show ‘Three Inside Down’. which is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Inside Down’ heading down is 60% (Bull Market) & 63% (Bear Market).

Support & Resistance Price Range*
3rd High
2nd High
Next High
Current Price 23.780000000
Next Low 21.020000000
2nd Low 16.570000000
3rd Low 16.030000000

22.700000000 – 21.470000000 – 16.910000000 – 21.020000000 – 21.150000000 – 16.570000000 — 64.33450445693 – 57.214543595979

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