Sell LINK/USDT – 1H – SELL

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

A descending movement downwards to the next support line at 8.45 is likely expected.

Caution: A possible change in the direction of the resistance zone at 9.02 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘StochRSI %K line crosses below %D line’ indicator signal is discovered. The indicator is ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart signal. The currency pair could go down.

Besides a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. this is usually a bearish signal. The currency pair could go down.

Correction of the major bearish trend halted around the Fibonacci 1-Level.Continuation of the current descending trend is likely expected. Current target is 8.87662 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the support level at 9.02 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Support & Resistance Price Range*
3rd High 9.9
2nd High 9.05
Next High 9.02
Current Price 8.940000000
Next Low 8.45
2nd Low 8.35
3rd Low 8.17

9.02 – 9 – 8.95 – 8.45 – 8.35 – 8.52 —
8.920000000 – 8.990000000 —
55.82318218681 – 64.97359020094 —
– —
9.02 – 1771624800

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