LINK/USDT – 30M – SELL

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

A continuation of the downward movement downwards to the next support line at 13.06 is likely expected.

Caution: A possible change in the direction of the resistance line at 13.38 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Three Black Crows’ candle chart pattern is existing. The candles form ‘Three Black Crows’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.

13.38 – 13.94 – 14.07 – 13.06 – 13.03 – 13.29 — 45.378282317131 – 42.0115747608 — 37.552275083953 – 37.600280147353 – 25.547720668566 – 34.505335124655

Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Three Black Crows – Symmetrical Triangle Chart Pattern – –