LINK/USDT – 1H – SELL

The currency pair Chainlink/Tether (LINK/USDT) jumps from the bullish trendline down.

A descending movement down to the next support line at 13.97 is certain.

Caution: A possible change in the direction of resistance at 14.93 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Tweezers Top’ candle chart pattern is discovered. The candles form ‘Tweezers Top’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Tweezers Top’ going down is 56% (Bull Market) & 55% (Bear Market).

14.93 – 13.42 – 13.22 – 13.97 – 11.74 – 12.91 — 51.208346375558 – 40.051825133502 — 71.500249761007 – 55.177123346137 – 45.627754279292 – 54.948096511606

Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Tweezers Top – Symmetrical Triangle Chart Pattern – –