Also there is a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. which is often a bullish signal. The currency pair could go up.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is expected. Target of the current trend is 9.985 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of resistance at 10.08 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Advance Block’ chart pattern is existing. The chart forms ‘Advance Block’. which is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Advance Block’ going down is 64% (Bull Market) & 61% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 11 |
| 2nd High | 10.84 |
| Next High | 10.08 |
| Current Price | 9.460000000 |
| Next Low | 9.02 |
| 2nd Low | 8.97 |
| 3rd Low | 7.9 |
10.08 – 10.84 – 11 – 9.02 – 9.4 – 8.97 —
9.490000000 – 9.480000000 —
47.741892369211 – 48.597820451332 —
– —
10.08000 – 1769913000
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Advance Block – – –