LINK/USDT – 30M – SELL

Then a ‘Double top chart pattern’ chart formation is existing. The chart picture forms ‘Double top chart pattern’. which is a bearish chart scenario. The currency pair is likely to go down.

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

A bearish movement down to the next support level at 21.510000000 will continue.

Caution: A possible counter-trend in the direction of the resistance level at 23.040000000 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend will continue. Target of the current trend is 21.51 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the support level at 23.040000000 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘Three Outside Down’ chart pattern is found. The chart shows ‘Three Outside Down’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

23.040000000 – 24.310000000 – 24.370000000 – 21.840000000 – 21.510000000 – 23.230000000 — 36.84341862651 – 32.586344443201

Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Three Outside Down – Double top chart pattern – –