LINK/USDT – 30M – SELL

The pair Chainlink/Tether (LINK/USDT) moves from the bullish trendline down.

A bearish movement down to the next support level at 7.332 is considered certain.

Caution: A possible change in the direction of the resistance zone at 7.417 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘StochRSI %K line crosses below %D line’ indicator layout is detected. The indicator is ‘StochRSI %K line crosses below %D line’. which is often a bearish chart signal. The currency pair is likely to fall.

And also a ‘Last Engulfing Top’ candlestick pattern is detected. The candles show ‘Last Engulfing Top’. 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 chance of ‘Last Engulfing Top’ going down is 68% (Bull Market) & 67% (Bear Market).

7.417 – 7.402 – 7.342 – 7.332 – 7.056 – 7.016 —
7.360000000 – 7.465000000 —
49.953722508399 – 68.016048393677 —
– —
7.417 – 1782527400

Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Last Engulfing Top – – –