There is also a ‘StochRSI %K line crosses below %D line’ indicator layout is discovered. The indicator shows ‘StochRSI %K line crosses below %D line’. which is often a bearish chart scenario. The pair is likely to go down.
There is also a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. which is often a bullish signal. The currency pair could go up.
Correction of the major bearish trend broke the Fibonacci 0.5-Level.Continuation of the current ascending trend is expected. Current target is 9.43522 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 9.6 is within the realm of possibility.
Consider stop-loss settings accordingly.
There is also a ‘Bearish SBS White Lines’ candlestick chart pattern is existing. The candles show ‘Bearish SBS White Lines’. this is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish SBS White Lines’ heading down is 56% (Bull Market) & 57% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 9.9 |
| 2nd High | 9.64 |
| Next High | 9.6 |
| Current Price | 9.220000000 |
| Next Low | 8.92 |
| 2nd Low | 8.83 |
| 3rd Low | 8.4 |
9.6 – 9.4 – 9.11 – 8.92 – 8.83 – 8.86 —
9.050000000 – 9.250000000 —
48.784788158982 – 62.991356923039 —
– —
9.6 – 1773410400
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Bearish SBS White Lines – – –