LINK/USDT – 1H – SELL

The currency pair Chainlink/Tether (LINK/USDT) moves from the ascending trendline down.

The bearish trend downwards to the next support at 7.15 will continue.

Caution: A possible counter-trend in the direction of the resistance line at 9.02 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Support Level’ indicator signal is existing. The indicator shows ‘Support Level’. which could be a negative chart signal. The pair is likely to go down.

There is also a ‘Three Black Crows’ candle pattern is discovered. The candles form ‘Three Black Crows’. 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 success rate of a ‘Three Black Crows’ going down is 82%.

9.02 – 9.05 – 9.9 – 8.47 – 8.44 – 8.72 —
8.570000000 – 8.590000000 —
42.348133645789 – 42.70927309673 —
– —
9.02 – 1770667200

Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Three Black Crows – Double top chart pattern – –