LINK/USDT – 30M – SELL

There is also a ‘Double bottom retreat down’ chart formation is found. The formation shows ‘Double bottom retreat down’. which is a bearish pattern signal. The pair is likely to go down.

There is also a ‘StochRSI %K line crosses below %D line’ indicator layout is detected. The indicator is ‘StochRSI %K line crosses below %D line’. which could be a negative chart signal. The currency pair could go down.

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

Correction of the major bearish trend halted around the Fibonacci 1-Level.Continuation of the current descending trend is expected. Target of the current trend is 8.9251 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the support level at 8.95 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Bearish Engulfing’ candlestick chart pattern is detected. The chart shows ‘Bearish Engulfing’. which is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Engulfing’ heading down is 79%.

8.95 – 9 – 8.99 – 8.74 – 8.66 – 8.65 —
8.890000000 – 8.940000000 —
51.769491936728 – 61.32517067253 —
– —
8.95 – 1771345800

Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Bearish Engulfing – Double bottom retreat down – –