LINK/USDT – 30M – SELL

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

A continuation of the downward movement downwards to the next support line at will continue.

Caution: A possible counter-trend in the direction of resistance at 9.78 could occur.
Please make appropriate stop-loss settings in the case of a trade.

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

In addition a ‘Last Engulfing Bottom:’ candlestick pattern is discovered. The candles form ‘Last Engulfing Bottom:’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Last Engulfing Bottom:’ heading down is 65% (Bull Market) & 67% (Bear Market).

9.78 – 9.9 – 9.77 – 9.08 – 9.52 – 9.58 —
9.720000000 – 9.610000000 —
54.203752684537 – 42.369180012022 —
– —
9.78 – 1770175800

Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Last Engulfing Bottom: – – –