LINK/USDT – 30M – SELL

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

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

Caution: A possible change in the direction of the resistance line at 7.954 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative chart signal. The pair is likely to go down.

Additionally a ‘Three Outside Down’ candle chart pattern is found. The candles form ‘Three Outside Down’. which is a bearish chart scenario. 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).

7.954 – 8.028 – 8.128 – 7.65 – 7.797 – 7.722 —
7.851000000 – 7.926000000 —
47.856001557859 – 56.858448223351 —
– —
7.954 – 1781011800

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