LINK/USDT – 30M – SELL

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

A continuation of the downward movement downwards to the next support line at 7.481 will persist.

Caution: A possible change in the direction of the resistance line at 7.901 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘StochRSI %K line crosses below %D line’ indicator signal is found. The indicator is ‘StochRSI %K line crosses below %D line’. which could be a negative chart signal. The pair is likely to go down.

Also there is a ‘Bearish Belt Hold’ candle chart pattern is found. The candles show ‘Bearish Belt Hold’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Belt Hold’ heading down is 68% (Bull Market) & 69% (Bear Market).

7.901 – 7.93 – 7.954 – 7.481 – 7.612 – 7.65 —
7.625000000 – 7.806000000 —
45.632602564302 – 63.34743665429 —
– —
7.901 – 1781098200

Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Bearish Belt Hold – – –