LINK/USDT – 1H – SELL

The combination Chainlink/Tether (LINK/USDT) goes from the bullish trendline down.

A bearish descent downwards to the next support at 9.07 will persist.

Caution: A possible counter-trend in the direction of resistance at 9.49 should be noted.
Consider stop-loss settings accordingly.

Also there is a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. this is usually a bearish chart scenario. The currency pair is likely to fall.

Also there is a ‘Three Outside Down’ chart pattern is discovered. The candles show ‘Three Outside Down’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

9.49 – 9.64 – 8.93 – 9.07 – 8.56 – 8.54 —
9.240000000 – 9.300000000 —
46.881471731571 – 53.084120238841 —
– —
9.49 – 1772712000

Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Three Outside Down – Symmetrical Triangle Chart Pattern – –