LINK/USDT – 4H – SELL

The combination Chainlink/Tether (LINK/USDT) moves from the ascending trendline down.

A descent downwards to the next support at 21.020000000 will persist.

Caution: A possible counter-trend in the direction of the resistance level at 24.740000000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Three Black Crows’ candlestick chart pattern is discovered. The chart forms ‘Three Black Crows’. which is a bearish 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%.

24.740000000 – 17.200000000 – 18.240000000 – 21.020000000 – 16.030000000 – 15.430000000 — 53.646282486965 – 51.008871903537

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