Sell LINK/USDT – 1H – SELL

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

A continuation of the downtrend downwards to the next support level at 10.51 will continue.

Caution: A possible change in the direction of the resistance zone at 11 could occur.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘Southern Doji’ chart pattern is found. The chart shows ‘Southern Doji’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Southern Doji’ going up is 51% (Bull Market) & 52% (Bear Market).

Support & Resistance Price Range*
3rd High 12.5
2nd High 12.19
Next High 11
Current Price 9.570000000
Next Low 10.51
2nd Low 7.9
3rd Low

11 – 12.19 – 12.06 – 10.51 – 10.62 – 11.69 —
10.580000000 – 10.180000000 —
31.513274021588 – 15.891544631388 —
– —
11.00000 – 1769799600

Trading Signals:

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