LINK/USDT – 30M – SELL

The pair Chainlink/Tether (LINK/USDT) jumps from the bullish trendline down.

A descending movement down to the next support line at 8.53 is certain.

Caution: A possible change in the direction of resistance at 9.3 could happen.
Consider stop-loss settings accordingly.

Next a ‘Two Crows’ candle pattern is existing. The candles form ‘Two Crows’. 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 likelyhood of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

9.3 – 9.33 – 9.49 – 8.53 – 8.73 – 9.07 —
8.620000000 – 8.780000000 —
40.692224857136 – 58.800864231444 —
– —
9.3 – 1772782200

Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Two Crows – – –