There is also a ‘StochRSI %K line crosses below %D line’ indicator signal is existing. The indicator is ‘StochRSI %K line crosses below %D line’. which could be a negative chart signal. The currency pair is likely to fall.
There is also a ‘MACD crosses below signal’ indicator signal is existing. The indicator is ‘MACD crosses below signal’. which could be a negative chart signal. 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 is expected. Target of the current trend is 8.845 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of support at 9.64 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Collapsing Doji Star’ candlestick pattern is discovered. The chart shows ‘Collapsing Doji Star’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘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 – –