Sell LINK/USDT – 1H – SELL

And also a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish signal. The currency pair could go down.

And also a ‘StochRSI %K falls below 0.8’ indicator signal is discovered. The indicator shows ‘StochRSI %K falls below 0.8’. this is usually a bearish signal. The currency pair could go down.

And also a ‘Resistance Level’ indicator signal is found. The indicator shows ‘Resistance Level’. which could be a negative chart signal. The currency pair could go down.

Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 8.64264 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the support line at 9.59 should always be considered.
Consider stop-loss settings accordingly.

And also a ‘Three Black Crows’ candlestick pattern is existing. The chart shows ‘Three Black Crows’. which is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.

Support & Resistance Price Range*
3rd High 10.04
2nd High 9.9
Next High 9.59
Current Price 8.850000000
Next Low 8.45
2nd Low 8.35
3rd Low 8.17

9.59 – 9.05 – 9.02 – 8.45 – 8.35 – 8.52 —
9.130000000 – 9.200000000 —
50.876447894106 – 47.241790649866 —
– —
9.59 – 1772053200

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