LINK/USDT – 30M – SELL

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend will persist. Current target is 7.51 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support level at 7.944 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘Bearish Engulfing’ candlestick pattern is existing. The chart forms ‘Bearish Engulfing’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Engulfing’ heading down is 79%.

7.944 – 7.549 – 7.539 – 7.322 – 7.176 – 7.076 —
7.814000000 – 7.770000000 —
69.304404178645 – 56.445914612004 —
– —
7.944 – 1783000800

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