LINK/USDT – 1H – SELL

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

A continuation of the downward movement downwards to the next support level at 22.650000000 is considered certain.

Caution: A possible reversal of the trend in the direction of the resistance line at 23.970000000 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Besides a ‘Support Level’ indicator signal is detected. The indicator shows ‘Support Level’. this is usually a bearish signal. The currency pair could go down.

Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 22.09 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the support line at 23.970000000 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Besides a ‘Three Black Crows’ candlestick chart pattern is detected. The chart shows ‘Three Black Crows’. 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 Black Crows’ going down is 82%.

23.970000000 – 23.870000000 – 24.060000000 – 22.650000000 – 22.090000000 – 22.710000000 — 33.596466312007 – 31.464250648631

Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Three Black Crows – Symmetrical Triangle Chart Pattern – –