LINK/USDT – 30M – SELL

Next a ‘Double top chart pattern’ chart pattern is found. The chart picture shows ‘Double top chart pattern’. which is a bearish chart scenario. The currency pair is likely to go down.

The combination Chainlink/Tether (LINK/USDT) goes from the bullish trendline down.

A descending movement down to the next support level at 12.97 is certain.

Caution: A possible counter-trend in the direction of the resistance zone at 13.42 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish chart scenario. The pair is likely to go down.

Next a ‘RSI fall below 30’ indicator signal is existing. The indicator is ‘RSI fall below 30’. which is often a bearish chart scenario. The pair is likely to go down.

Next a ‘%K fall below 80’ indicator signal is existing. The indicator is ‘%K fall below 80’. which is often a bearish chart scenario. The pair is likely to go down.

Next a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. this is usually a bearish chart signal. The pair is likely to go down.

Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend is certain. Target of the current trend is 13.04482 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the support level at 13.42 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

13.42 – 13.12 – 13.22 – 12.97 – 12.94 – 12.91 — 39.116062166005 – 28.903008590089 — 1.8246187363834 – 0 – 3.0410312273057 – 1.8246187363834

Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – – Double top chart pattern – –