LINK/USDT – 4H – SELL

Besides a ‘Symmetrical Triangle Chart Pattern’ chart formation is existing. The chart shows ‘Symmetrical Triangle Chart Pattern’. which is a negative pattern signal. The pair is likely to go down.

The combination Chainlink/Tether (LINK/USDT) goes from the descending trendline downwards

A continuation of the downward movement downwards to the next support line at 8.91 is likely expected.

Caution: A possible reversal of the trend in the direction of the resistance zone at 9.28 should always be considered.
Consider stop-loss settings accordingly.

Besides a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish signal. The pair is likely to go down.

Besides a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. which is often a bearish chart scenario. The pair is likely to go down.

Besides a ‘Three Outside Down’ candlestick pattern is found. The candles show ‘Three Outside Down’. which is a bearish signal. The pair is likely to go down. 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).

9.28 – 9.42 – 9.6 – 8.91 – 9.15 – 9.14 —
9.250000000 – 9.250000000 —
47.922866463746 – 49.614707347752 —
– —
9.28 – 1777636800

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