Moreover a ‘StochRSI %K line crosses below %D line’ indicator layout is found. The indicator is ‘StochRSI %K line crosses below %D line’. which could be a negative chart scenario. The currency pair is likely to fall.
Moreover a ‘MACD crosses below signal’ indicator layout is found. The indicator is ‘MACD crosses below signal’. which could be a negative chart scenario. The currency pair is likely to fall.
Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend will continue. Current target is 8.845 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the support line at 9.64 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘Collapsing Doji Star’ candlestick chart pattern is discovered. The candles show ‘Collapsing Doji Star’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Collapsing Doji Star’ going down is 63% (Bull Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 14.4 |
| 2nd High | 13.9 |
| Next High | 9.64 |
| Current Price | 9.120000000 |
| Next Low | 8.21 |
| 2nd Low | 8.05 |
| 3rd Low | 7.15 |
9.64 – 9.27 – 9.59 – 8.21 – 8.05 – 8.35 —
9.570000000 – 9.300000000 —
61.696142969968 – 56.356258395995 —
– —
9.64 – 1772640000
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Collapsing Doji Star – Symmetrical Triangle Chart Pattern – –