Sell LINK/USDT – 1H – SELL

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

The bearish trend down to the next support at 13.36 will continue.

Caution: A possible trend reversal in the direction of the resistance zone at 14.93 should be noted.
Consider stop-loss settings accordingly.

In addition a ‘Northern Doji’ candle pattern is detected. The chart shows ‘Northern Doji’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 16.25
2nd High 16.02
Next High 14.93
Current Price 13.520000000
Next Low 13.36
2nd Low 11.74
3rd Low 11.61

14.93 – 13.42 – 13.22 – 13.36 – 13.97 – 11.74 — 38.826097269186 – 35.30275193958 — 67.414289117329 – 49.67292572085 – 73.212027925897 – 62.221248452311

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