LINK/USDT – 30M – SELL

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

A bearish movement downwards to the next support at is considered certain.

Caution: A possible trend reversal in the direction of the resistance line at 8.461 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish signal. The pair is likely to go down.

In addition a indicator layout is discovered. The indicator shows ”. this is usually a bearish signal. The pair is likely to go down.

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In addition a ‘StochRSI %K line crosses below %D line’ indicator layout is discovered. The indicator shows ‘StochRSI %K line crosses below %D line’. this is usually a bearish signal. The pair is likely to go down.

In addition a ‘Three Outside Down’ candlestick pattern is detected. The chart forms ‘Three Outside Down’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

Support & Resistance Price Range*
3rd High 8.57
2nd High 8.494
Next High 8.461
Current Price 8.183000000
Next Low
2nd Low
3rd Low

8.461 – 8.494 – 8.57 – 8.356 – 8.451 – 7.795 —
8.370000000 – 8.305000000 —
39.058253109867 – 39.692263467425 —
– —
8.461 – 1784235600

Trading Signals:

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