Furthermore a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart scenario. The currency pair is likely to fall.
Furthermore a ‘Last Engulfing Top’ candle pattern is detected. The chart forms ‘Last Engulfing Top’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Last Engulfing Top’ going down is 68% (Bull Market) & 67% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 9.05 |
| 2nd High | 9.02 |
| Next High | 8.67 |
| Current Price | 8.540000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
8.67 – 9.02 – 9.02 – 8.47 – 8.47 – 8.48 —
8.560000000 – 8.590000000 —
48.663753014482 – 50.619522833274 —
– —
8.67 – 1770732000
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Last Engulfing Top – Double top chart pattern – –