LINK/USDT – 4H – SELLThe currency pair Chainlink/Tether (LINK/USDT) goes from the descending trendline down.
A continuation of the downtrend downwards to the next support line at 11.8 is certain.
Caution: A possible trend reversal in the direction of the resistance zone at 13.9 could occur.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Three Outside Down’ candlestick chart pattern is detected. The chart shows ‘Three Outside Down’. which is a negative pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 14.93 |
| 2nd High | 14.4 |
| Next High | 13.9 |
| Current Price | 10.840000000 |
| Next Low | 11.8 |
| 2nd Low | 11.74 |
| 3rd Low | 11.61 |
13.9 – 14.4 – 13.03 – 11.8 – 11.89 – 13.43 —
11.900000000 – 11.140000000 —
37.831625632417 – 27.196495292522 —
– —
13.90000 – 1768665600
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Three Outside Down – – –