Moreover a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative signal. The pair is likely to go down.
Moreover a ‘StochRSI %K line crosses below %D line’ indicator signal is detected. The indicator shows ‘StochRSI %K line crosses below %D line’. which could be a negative signal. The pair is likely to go down.
Correction of the major bullish trend broke through the Fibonacci 0.79-Level.Continuation of the current descending trend is likely expected. Current target is 10.62 at the Fibonacci level 1-Level. Caution: A possible change in the direction of the support level at 10.91 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘Three Outside Down’ candle chart pattern is detected. The candles form ‘Three Outside Down’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 11.95 |
| 2nd High | 11.17 |
| Next High | 10.91 |
| Current Price | 10.790000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
10.91 – 11.17 – 11.95 – 10.62 – 10.83 – 11.54 —
10.840000000 – 11.000000000 —
45.62866086936 – 57.347942635191 —
– —
10.91000 – 1769772600
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Three Outside Down – Double top chart pattern – –