LINK/USDT – 30M – SELL

The combination Chainlink/Tether (LINK/USDT) goes from the ascending trendline downwards

The bearish trend downwards to the next support level at 7.864 is considered certain.

Caution: A possible trend reversal in the direction of the resistance line at 7.966 could occur.
Consider stop-loss settings accordingly.

And also a ‘Resistance Level’ indicator signal is found. The indicator shows ‘Resistance Level’. which is often a bearish chart signal. The pair is likely to go down.

And also a ‘Two Crows’ candlestick chart pattern is existing. The candles show ‘Two Crows’. 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 success rate of a ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

7.966 – 7.953 – 8.044 – 7.864 – 7.85 – 7.764 —
7.899000000 – 8.003000000 —
49.638227163192 – 65.398808285365 —
– —
7.966 – 1781911800

Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Two Crows – – –