LINK/USDT – 4H – SELL

The pair Chainlink/Tether (LINK/USDT) moves from the bearish trendline downwards

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

Caution: A possible reversal of the trend in the direction of the resistance zone at 14.54 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart scenario. The currency pair could go down.

Then a ‘%K crosses below %D’ indicator signal is existing. The indicator is ‘%K crosses below %D’. this is usually a bearish chart scenario. The currency pair could go down.

Then a ‘Three Outside Down’ candlestick chart pattern is detected. The candles form ‘Three Outside Down’. this is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

14.54 – 16.8 – 16.23 – 11.61 – 13.58 – 13.69 — 45.693173382457 – 44.658771069723 — 12.707869582297 – 7.1690454366898 – 11.355535186883 – 11.380268575502

Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Three Outside Down – – –