Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart scenario. The currency pair could go down.
Also there is a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. which is often a bearish chart scenario. The currency pair is likely to fall.
Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is certain. Target of the current trend is 8.65 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of support at 9 is also possible.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 9.05 |
| 2nd High | 9.02 |
| Next High | 9 |
| Current Price | 8.800000000 |
| Next Low | 8.65 |
| 2nd Low | 8.3 |
| 3rd Low | 8.17 |
9 – 8.99 – 8.86 – 8.65 – 8.66 – 8.68 —
8.940000000 – 8.900000000 —
53.289466983357 – 47.459295617131 —
– —
9 – 1771295400
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – – Symmetrical Triangle Chart Pattern – –