LINK/USDT – 1H – SELL

Also there is a ‘Rising Wedge Chart Pattern’ chart formation is detected. The chart picture forms ‘Rising Wedge Chart Pattern’. which is a bearish chart scenario. The currency pair is likely to fall.

The pair Chainlink/Tether (LINK/USDT) goes from the bullish trendline downwards

A descending movement down to the next support level at 12.98 is expected.

Caution: A possible trend reversal in the direction of the resistance zone at 13.55 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘%K crosses below %D’ indicator layout is found. The indicator is ‘%K crosses below %D’. this is usually a bearish chart scenario. The pair is likely to go down.

Also there is a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. which could be a negative chart signal. The pair is likely to go down.

Also there is a ‘Three Outside Down’ candle chart pattern is existing. The candles show ‘Three Outside Down’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

13.55 – 13.54 – 13.57 – 12.98 – 13.04 – 13.14 — 42.753628231351 – 38.814271130009 — 34.680856696582 – 27.633494824345 – 29.617275125972 – 32.318499104298

Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Three Outside Down – Rising Wedge Chart Pattern – –