LINK/USDT – 1H – SELL

Furthermore a ‘Rising Wedge Chart Pattern’ chart layout is existing. The chart picture forms ‘Rising Wedge Chart Pattern’. which is a negative pattern signal. The currency pair is likely to go down.

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

A bearish descent downwards to the next support at will persist.

Caution: A possible change in the direction of the resistance line at 14.4 should always be considered.
Consider stop-loss settings accordingly.

Furthermore a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish signal. The pair is likely to go down.

Furthermore a ‘Three Black Crows’ candle chart pattern is existing. The chart shows ‘Three Black Crows’. which is a bearish chart scenario. The currency 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%.

14.4 – 14.2 – 13.52 – 13.73 – 13.85 – 12.93 — 45.409234123073 – 43.138105021245 — 52.697382871239 – 30.464460101036 – 71.733094542157 – 52.254718096879

Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern – –