Also there is a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish chart scenario. The pair is likely to go down.
Also there is a ‘Resistance Level’ indicator layout is discovered. 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 considered certain. Current target is 8.845 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the support line at 9.64 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Three Black Crows’ chart pattern is existing. The candles form ‘Three Black Crows’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 14.4 |
| 2nd High | 13.9 |
| Next High | 9.64 |
| Current Price | 9.080000000 |
| Next Low | 8.83 |
| 2nd Low | 8.4 |
| 3rd Low | 8.21 |
9.19 – 9.64 – 9.27 – 8.83 – 8.4 – 8.21 —
9.110000000 – 9.600000000 —
54.018549376954 – 60.71587369875 —
– —
9.19 – 1773144000
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern – –