LINK/USDT – 1H – SELL

The pair Chainlink/Tether (LINK/USDT) goes from the bearish trendline downwards

A continuation of the downtrend downwards to the next support at 12.15 is expected.

Caution: A possible counter-trend in the direction of the resistance zone at 13.01 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

In addition a ‘%K cross below 0.8’ indicator layout is found. The indicator is ‘%K cross below 0.8’. which could be a negative chart scenario. The currency pair is likely to fall.

In addition a ‘Support Level’ indicator signal is existing. The indicator shows ‘Support Level’. this is usually a bearish chart signal. The currency pair is likely to fall.

In addition a ‘Three Black Crows’ candle chart pattern is existing. The chart forms ‘Three Black Crows’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.

13.01 – 13.88 – 13.9 – 12.37 – 13.62 – 13.43 —
12.570000000 – 12.470000000 —
26.638658149612 – 26.378793034553 —
– —
13.01000 – 1768852800

Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Three Black Crows – – –