LINK/USDT – 30M – SELL

Next a ‘StochRSI %K line crosses below %D line’ indicator layout is found. The indicator shows ‘StochRSI %K line crosses below %D line’. which could be a negative signal. The currency pair is likely to fall.

Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend will persist. Current target is 9.08 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the support zone at 9.78 should always be considered.
Consider stop-loss settings accordingly.

Next a ‘Bearish Engulfing’ candlestick pattern is discovered. The candles show ‘Bearish Engulfing’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish Engulfing’ heading down is 79%.

9.78 – 9.9 – 9.77 – 9.08 – 9.52 – 9.58 —
9.620000000 – 9.310000000 —
41.402223437812 – 28.189471576548 —
– —
9.78 – 1770175800

Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Bearish Engulfing – Symmetrical Triangle Chart Pattern – –