Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend is expected. Current target is 13.99368 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the support line at 15.660000000 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 16.190000000 |
| 2nd High | 15.930000000 |
| Next High | 15.660000000 |
| Current Price | 14.550000000 |
| Next Low | 14.320000000 |
| 2nd Low | 13.540000000 |
| 3rd Low | 12.640000000 |
15.660000000 – 15.520000000 – 15.530000000 – 15.070000000 – 15.130000000 – 14.320000000
Trading Signals: FOREX – LINK – LINK/USDT – USDT – Three Outside Down