LINK/USDT – 30M – SELL

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

A bearish movement downwards to the next support level at 13.4 is considered certain.

Caution: A possible trend reversal in the direction of the resistance zone at 13.97 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘%K crosses above %D’ indicator layout is detected. The indicator shows ‘%K crosses above %D’. which could be a positive signal. The currency pair is likely to rise.

There is also a ‘Tweezers Top’ candlestick chart pattern is existing. The chart shows ‘Tweezers Top’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Tweezers Top’ going down is 56% (Bull Market) & 55% (Bear Market).

13.88 – 13.58 – 13.15 – 13.4 – 13.4 – 13.31 — 65.269725086253 – 63.264983157094 — 76.430057202288 – 79.253027263948 – 82.103236510413 – 79.119307629448

Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Tweezers Top – Double bottom chart pattern – –