Furthermore a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. which could be a negative signal. The currency pair could go down.
Correction of the major bearish trend halted around the Fibonacci 1-Level.Continuation of the current descending trend is expected. Target of the current trend is 8.84234 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the support line at 8.99 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 9.05 |
| 2nd High | 9.02 |
| Next High | 8.99 |
| Current Price | 8.930000000 |
| Next Low | 8.65 |
| 2nd Low | 8.3 |
| 3rd Low | 8.17 |
8.99 – 8.86 – 8.91 – 8.65 – 8.66 – 8.68 —
8.930000000 – 8.990000000 —
58.716368242146 – 63.295538936279 —
– —
8.99 – 1771246800
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – – Rising Wedge Chart Pattern – –