LINK/USDT – 1H – SELL

The pair Chainlink/Tether (LINK/USDT) jumps from the descending trendline downwards

A continuation of the bearish trend down to the next support at 9.08 is expected.

Caution: A possible change in the direction of the resistance level at 9.9 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘StochRSI %K falls below 0.8’ indicator signal is detected. The indicator is ‘StochRSI %K falls below 0.8’. which could be a negative signal. The currency pair is likely to fall.

Furthermore a ‘Southern Doji’ chart pattern is existing. The chart shows ‘Southern Doji’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Southern Doji’ going up is 51% (Bull Market) & 52% (Bear Market).

9.9 – 10.04 – 11 – 9.08 – 9.02 – 8.97 —
9.700000000 – 9.590000000 —
51.497638303496 – 40.294968960856 —
– —
9.9 – 1770152400

Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Southern Doji – Symmetrical Triangle Chart Pattern – –