Also there is a ‘Double bottom retreat down’ chart pattern is found. The chart forms ‘Double bottom retreat down’. which is a bearish chart scenario. The pair is likely to go down.
Also there is a ‘Bearish Engulfing’ chart pattern is found. The candles form ‘Bearish Engulfing’. which is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Engulfing’ going down is 79%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 9.02 |
| 2nd High | 8.91 |
| Next High | 8.86 |
| Current Price | 8.810000000 |
| Next Low | 8.66 |
| 2nd Low | 8.3 |
| 3rd Low | 8.17 |
8.86 – 8.91 – 8.45 – 8.66 – 8.68 – 8.3 —
8.830000000 – 8.880000000 —
58.877250891978 – 58.884138702535 —
– —
8.86 – 1771200000
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Bearish Engulfing – Double bottom retreat down – –