Moreover a ‘Support Level’ indicator signal is detected. The indicator is ‘Support Level’. which could be a negative chart signal. The currency pair could go down.
Correction of the major bullish trend broke through the Fibonacci 0.79-Level.Continuation of the current descending trend is likely expected. Current target is 9.06 at the Fibonacci level 1-Level. Caution: A possible reversal of the trend in the direction of support at 9.250000000 should always be considered.
Consider stop-loss settings accordingly.
Moreover a ‘Matching Low’ candlestick chart pattern is detected. The chart shows ‘Matching Low’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Matching Low’ going up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 9.28 |
| Next High | 9.250000000 |
| Current Price | 9.090000000 |
| Next Low | 9.06 |
| 2nd Low | 9.02 |
| 3rd Low | 8.91 |
9.250000000 – 9.21 – 9.28 – 9.06 – 9.06 – 9.11 —
9.250000000 – 9.150000000 —
70.600650078679 – 40.851593017632 —
9.250000000 – 1777757400 —
– 1777757400
Trading Signals: CRYPTO – LINK – LINK/USDT – USDT – Matching Low – Symmetrical Triangle Chart Pattern – –