LINK/USDT – 1H – SELL

Besides a ‘Rising Wedge Chart Pattern’ chart layout is found. The chart shows ‘Rising Wedge Chart Pattern’. which is a negative signal. The pair is likely to go down.

The combination Chainlink/Tether (LINK/USDT) goes from the bullish trendline downwards

A bearish trend downwards to the next support level at 21.020000000 is certain.

Caution: A possible reversal of the trend in the direction of the resistance zone at should always be considered.
Consider stop-loss settings accordingly.

Besides a ‘RSI fall below 70’ indicator signal is existing. The indicator shows ‘RSI fall below 70’. which could be a negative signal. The pair is likely to go down.

Besides a ‘StochRSI fall below 80’ indicator signal is existing. The indicator shows ‘StochRSI fall below 80’. which could be a negative signal. The pair is likely to go down.

Besides a ‘Three Inside Down’ candlestick pattern is discovered. The chart forms ‘Three Inside Down’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Inside Down’ heading down is 60% (Bull Market) & 63% (Bear Market).

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

Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Three Inside Down – Rising Wedge Chart Pattern – –