Sell LINK/USDT – 30M – SELL

Correction of the major bullish trend broke through the Fibonacci 0.79-Level.Continuation of the current descending trend is likely expected. Current target is 7.89 at the Fibonacci level 1-Level. Caution: A possible trend reversal in the direction of support at 8.137 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘Two Crows’ chart pattern is discovered. The candles form ‘Two Crows’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

Support & Resistance Price Range*
3rd High 8.418
2nd High 8.371
Next High 8.137
Current Price 7.989000000
Next Low 7.89
2nd Low 7.783
3rd Low 7.753

8.137 – 8.371 – 8.418 – 7.89 – 7.937 – 8.084 —
8.032000000 – 8.042000000 —
46.484340461566 – 46.867853389875 —
– —
8.137 – 1781744400

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