LINK/USDT – 30M – SELL

The currency pair Chainlink/Tether (LINK/USDT) jumps from the descending trendline down.

A continuation of the downtrend downwards to the next support level at 21.510000000 is likely expected.

Caution: A possible trend reversal in the direction of the resistance level at 24.310000000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Three Black Crows’ candlestick chart pattern is detected. The candles show ‘Three Black Crows’. which is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.

24.310000000 – 24.370000000 – 24.740000000 – 21.510000000 – 23.230000000 – 23.110000000 — 42.383728902215 – 41.121546914326

Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Three Black Crows – – –