LINK/USDT – 1H – BUYCorrection of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend will continue. Current target is 8.1765 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the support line at 8.484 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Bearish Harami’ candlestick pattern is discovered. The candles form ‘Bearish Harami’. which is a negative signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Harami’ going down is 53% (Bull Market) & 50% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 8.616 |
| 2nd High | 8.6 |
| Next High | 8.484 |
| Current Price | 8.353000000 |
| Next Low | 8.094 |
| 2nd Low | 7.783 |
| 3rd Low | 7.753 |
8.484 – 8.6 – 8.05 – 8.094 – 8.151 – 7.783 —
8.329000000 – 8.364000000 —
52.391424960455 – 55.697203492407 —
– —
8.484 – 1781611200
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Bearish Harami – – –