Next a ‘StochRSI %K line crosses above %D line’ indicator layout is discovered. The indicator is ‘StochRSI %K line crosses above %D line’. which is often a bullish chart scenario. The pair is likely to go up.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is considered certain. Current target is 9.985 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the resistance zone at 10.08 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘Three Outside Up’ candle chart pattern is detected. The candles show ‘Three Outside Up’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 11 |
| 2nd High | 10.84 |
| Next High | 10.08 |
| Current Price | 9.670000000 |
| Next Low | 8.97 |
| 2nd Low | 7.9 |
| 3rd Low |
10.08 – 10.84 – 11 – 8.97 – 10.36 – 10.51 —
9.910000000 – 9.520000000 —
45.731798807326 – 30.025571760698 —
– —
10.08000 – 1769913000
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Three Outside Up – Double top retreat up – –