And also a ‘StochRSI %K line crosses below %D line’ indicator signal is found. The indicator shows ‘StochRSI %K line crosses below %D line’. which could be a negative chart scenario. The currency pair is likely to fall.
Correction of the major bullish trend broke the Fibonacci 0.79-Level.Continuation of the current descending trend will continue. Target of the current trend is 7.15 at the Fibonacci level 1-Level. Caution: A possible change in the direction of the support line at 13.9 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Three Black Crows’ candle pattern is found. The chart forms ‘Three Black Crows’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 14.93 |
| 2nd High | 14.4 |
| Next High | 13.9 |
| Current Price | 8.550000000 |
| Next Low | 7.15 |
| 2nd Low | |
| 3rd Low |
13.9 – 14.4 – 13.03 – 7.15 – 8.97 – 11.8 —
8.980000000 – 9.020000000 —
49.178081725221 – 47.740241229116 —
– —
13.9 – 1768665600
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Three Black Crows – Double top chart pattern – –