Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend is expected. Target of the current trend is 18.3 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the support line at 20.280000000 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 20.280000000 |
| Current Price | 19.220000000 |
| Next Low | 18.880000000 |
| 2nd Low | 17.590000000 |
| 3rd Low | 17.320000000 |
20.280000000 – 20.010000000 – 18.340000000 – 18.880000000 – 17.590000000 – 17.320000000
Trading Signals: FOREX – LINK – LINK/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern