LINK.X Crypto Tickeron detected bearish Crypto Pattern: Broadening Wedge Ascending LINK.X on November 02, 2024, netting in a 9.84% gain over 3 days
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LINK.X in downward trend: price expected to drop as it breaks its higher Bollinger Band on December 02, 2024
LINK.X broke above its upper Bollinger Band on December 02, 2024. This could be a sign that the stock is set to drop as the stock moves back below the upper band and toward the middle band. You may want to consider selling the stock or exploring put options. The A.I.dvisor looked at 82 similar instances where the stock broke above the upper band. In of the 82 cases the stock fell afterwards. This puts the odds of success at .
Technical Analysis (Indicators)
Bearish Trend Analysis
The RSI Indicator demonstrates that the ticker has stayed in the overbought zone for 8 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
The Stochastic Oscillator demonstrated that the ticker has stayed in the overbought zone for 16 days. The longer the ticker stays in the overbought zone, the sooner a price pull-back is expected.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where LINK.X declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on November 21, 2024. You may want to consider a long position or call options on LINK.X as a result. In of 135 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for LINK.X just turned positive on November 07, 2024. Looking at past instances where LINK.X's MACD turned positive, the stock continued to rise in of 64 cases over the following month. The odds of a continued upward trend are .
LINK.X moved above its 50-day moving average on November 06, 2024 date and that indicates a change from a downward trend to an upward trend.
The 10-day moving average for LINK.X crossed bullishly above the 50-day moving average on November 07, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In of 23 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .
The 50-day moving average for LINK.X moved above the 200-day moving average on November 29, 2024. This could be a long-term bullish signal for the stock as the stock shifts to an upward trend.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where LINK.X advanced for three days, in of 466 cases, the price rose further within the following month. The odds of a continued upward trend are .
The Aroon Indicator entered an Uptrend today. In of 358 cases where LINK.X Aroon's Indicator entered an Uptrend, the price rose further within the following month. The odds of a continued Uptrend are .
