Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart scenario. The currency pair is likely to rise.
Correction of the major bearish trend broke the Fibonacci 0.5-Level.Continuation of the current ascending trend is certain. Target of the current trend is 9.5316 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the resistance zone at 9.55 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Three Outside Up’ candle chart pattern is found. The chart forms ‘Three Outside Up’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 9.87 |
| 2nd High | 9.66 |
| Next High | 9.55 |
| Current Price | 9.400000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
9.55 – 9.66 – 9.21 – 9.09 – 9.07 – 9.06 —
9.480000000 – 9.370000000 —
60.220494822872 – 43.528104124541 —
– —
9.55 – 1777907700
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Three Outside Up – – –