Furthermore a ‘StochRSI %K line crosses below %D line’ indicator layout is existing. The indicator shows ‘StochRSI %K line crosses below %D line’. which could be a negative chart signal. The pair is likely to go down.
Correction of the major bullish trend broke the Fibonacci 0.79-Level.Continuation of the current descending trend is considered certain. Current target is 8.17 at the Fibonacci level 1-Level. Caution: A possible change in the direction of the support line at 8.616 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Three Black Crows’ chart pattern is existing. The chart shows ‘Three Black Crows’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 9.113 |
| 2nd High | 8.876 |
| Next High | 8.616 |
| Current Price | 8.258000000 |
| Next Low | 8.17 |
| 2nd Low | 8.16 |
| 3rd Low | 8.05 |
8.616 – 8.876 – 9.113 – 8.17 – 8.774 – 8.808 —
8.599000000 – 8.497000000 —
52.771897745964 – 45.993599495967 —
– —
8.616 – 1780484400
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Three Black Crows – – –