LINK/USDT – 30M – SELL

Furthermore a ‘Rising Wedge Chart Pattern’ chart pattern is discovered. The chart forms ‘Rising Wedge Chart Pattern’. this is a bearish pattern signal. The currency pair is likely to fall.

The currency pair Chainlink/Tether (LINK/USDT) jumps from the ascending trendline downwards

A bearish movement down to the next support line at 24.440000000 will continue.

Caution: A possible trend reversal in the direction of resistance at 25.640000000 is within the realm of possibility.
Consider stop-loss settings accordingly.

Furthermore a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish chart scenario. The currency pair is likely to fall.

Furthermore a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. which is often a bearish chart scenario. The currency pair is likely to fall.

Furthermore a ‘Matching Low’ chart pattern is found. The chart forms ‘Matching Low’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Matching Low’ heading up is 61% (Bull & Bear Market).

25.640000000 – 25.330000000 – 24.800000000 – 24.440000000 – 24.160000000 – 23.310000000 — 37.435870863016 – 36.595940445017

Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Matching Low – Rising Wedge Chart Pattern – –