LINK/USDT – 30M – SELLThe pair Chainlink/Tether (LINK/USDT) moves from the bullish trendline downwards
The bearish trend downwards to the next support at 13.29 is certain.
Caution: A possible change in the direction of resistance at 14 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘%K fall below 80’ indicator layout is found. The indicator shows ‘%K fall below 80’. which is often a bearish chart signal. The pair is likely to go down.
Furthermore a ‘Southern Doji’ candle chart pattern is existing. The candles show ‘Southern Doji’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Southern Doji’ going up is 51% (Bull Market) & 52% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 14.54 |
| 2nd High | 14.29 |
| Next High | 14 |
| Current Price | 13.480000000 |
| Next Low | 13.29 |
| 2nd Low | 13.06 |
| 3rd Low | 7.9 |
14 – 13.6 – 14.29 – 13.29 – 13.06 – 13.4 — 40.221662242913 – 39.428529167658 — 5.2750841414242 – 0 – 5.2750841414242 – 3.5167227609495
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Southern Doji – – –