LINK/USDT – 1H – SELL

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

A continuation of the downward movement down to the next support at 8.86 will persist.

Caution: A possible reversal of the trend in the direction of the resistance level at 9.19 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘StochRSI %K line crosses below %D line’ indicator layout is detected. The indicator shows ‘StochRSI %K line crosses below %D line’. this is usually a bearish signal. The currency pair is likely to fall.

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

9.19 – 9.1 – 8.78 – 8.86 – 8.85 – 8.4 —
8.970000000 – 9.120000000 —
46.984088728278 – 57.957031373569 —
– —
9.19 – 1773154800

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