There is also a ‘Support Level’ indicator layout is discovered. The indicator shows ‘Support Level’. which could be a negative signal. The currency pair is likely to fall.
Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 9.27352 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of support at 9.78 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Matching Low’ candlestick chart pattern is detected. The chart shows ‘Matching Low’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Matching Low’ going up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 10.04 |
| 2nd High | 9.9 |
| Next High | 9.78 |
| Current Price | 9.410000000 |
| Next Low | 9.08 |
| 2nd Low | 9.02 |
| 3rd Low | 8.97 |
9.78 – 9.9 – 9.77 – 9.08 – 9.52 – 9.58 —
9.660000000 – 9.590000000 —
49.751775358019 – 43.861886073468 —
– —
9.78 – 1770175800
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Matching Low – – –