LINK/USDT – 30M – SELL

The pair Chainlink/Tether (LINK/USDT) moves from the bullish trendline downwards

A descent downwards to the next support line at 9.8 is considered certain.

Caution: A possible change in the direction of the resistance level at 10.84 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘Three Outside Down’ candlestick chart pattern is existing. The candles form ‘Three Outside Down’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

9.96 – 10.13 – 10.07 – 9.8 – 9.85 – 9.88 —
9.850000000 – 10.380000000 —
44.210599590186 – 73.284824354605 —
– —
9.96 – 1778184000

Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Three Outside Down – – –