Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart scenario. The currency pair could go down.
Also there is a ‘Tweezers Top’ candle chart pattern is existing. The chart forms ‘Tweezers Top’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Tweezers Top’ going down is 56% (Bull Market) & 55% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 7.7 |
| 2nd High | 7.553 |
| Next High | 7.501 |
| Current Price | 7.223000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
7.501 – 7.358 – 7.478 – 7.076000000 – 7.121 – 7.202 —
7.240000000 – 7.249000000 —
46.104870129462 – 50.63762342543 —
7.076000000 – 1782867600 —
7.501 – 1782752400
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Tweezers Top – – –