LINK/USDT – 1H – BUYIn addition a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive chart scenario. 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 will persist. Current target is 7.849 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the resistance level at 8.049 could occur.
Consider stop-loss settings accordingly.
In addition a ‘Three White Soldiers’ candle chart pattern is found. The candles show ‘Three White Soldiers’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 8.176 |
| 2nd High | 8.172 |
| Next High | 8.049 |
| Current Price | 7.756000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
8.049 – 8.172 – 8.151 – 7.522 – 7.796 – 7.76 —
7.637000000 – 7.682000000 —
42.814340619056 – 51.786433880255 —
– —
8.049 – 1783440000
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Three White Soldiers – – –