LINK/USDT – 30M – SELLThe currency pair Chainlink/Tether (LINK/USDT) moves from the bearish trendline down.
A continuation of the downtrend down to the next support line at 24.290000000 is considered certain.
Caution: A possible counter-trend in the direction of the resistance zone at 25.950000000 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘Three Black Crows’ candlestick chart pattern is found. The chart shows ‘Three Black Crows’. which is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 26.500000000 |
| Next High | 25.950000000 |
| Current Price | 25.450000000 |
| Next Low | 24.290000000 |
| 2nd Low | 22.360000000 |
| 3rd Low | 21.390000000 |
25.950000000 – 26.500000000 – 26.330000000 – 24.290000000 – 22.360000000 – 21.390000000 — 55.727213717497 – 54.467369305375
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Three Black Crows – – –