LINK/USDT – 30M – SELL

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

A descending movement down to the next support at 7.753 will continue.

Caution: A possible reversal of the trend in the direction of the resistance line at 7.942 should always be considered.
Consider stop-loss settings accordingly.

There is also a ‘StochRSI %K line crosses below %D line’ indicator signal is existing. The indicator shows ‘StochRSI %K line crosses below %D line’. which is often a bearish signal. The currency pair is likely to fall.

There is also a ‘MACD crosses below signal’ indicator signal is existing. The indicator shows ‘MACD crosses below signal’. which is often a bearish signal. The currency pair is likely to fall.

There is also a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. which is often a bearish chart scenario. The pair is likely to go down.

Correction of the major bearish trend halted around the Fibonacci 1-Level.Continuation of the current descending trend will continue. Target of the current trend is 7.879502 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of the support zone at 7.942 should always be considered.
Consider stop-loss settings accordingly.

7.942 – 7.988 – 7.881 – 7.753 – 7.688 – 7.481 —
7.920000000 – 7.977000000 —
55.561302877467 – 60.178722140682 —
– —
7.942 – 1781256600

Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – – Rising Wedge Chart Pattern – –