LINK/USDT – 30M – SELL

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

A continuation of the downtrend down to the next support at 8.094 is certain.

Caution: A possible counter-trend in the direction of the resistance line at 8.484 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘StochRSI %K line crosses below %D line’ indicator signal is discovered. The indicator is ‘StochRSI %K line crosses below %D line’. which could be a negative signal. The currency pair could go down.

Then a ‘Three Outside Down’ candlestick chart pattern is existing. The chart shows ‘Three Outside Down’. this is a bearish pattern signal. The currency pair is likely to fall. 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).

8.484 – 8.6 – 8.219 – 8.094 – 8.151 – 7.783 —
8.312000000 – 8.381000000 —
52.243844371007 – 56.627616747043 —
– —
8.484 – 1781613000

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