LINK/USDT – 1H – SELL

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

A bearish movement down to the next support at 8.45 is certain.

Caution: A possible change in the direction of the resistance level at 9.59 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Matching Low’ candle pattern is detected. The chart forms ‘Matching Low’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Matching Low’ heading up is 61% (Bull & Bear Market).

9.59 – 9.05 – 9.02 – 8.45 – 8.35 – 8.52 —
9.440000000 – 9.340000000 —
65.493609972615 – 62.296024803752 —
– —
9.59 – 1772053200

Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Matching Low – – –