LTC/USDT – 30M – BUYCorrection of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 68.98168 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the resistance zone at 68.98 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Below The Stomach’ candle pattern is detected. The candles show ‘Below The Stomach’. 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 chance of ‘Below The Stomach’ heading down is 60% (Bull Market) & 65% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 69.6 |
| 2nd High | 69.2 |
| Next High | 68.98 |
| Current Price | 68.380000000 |
| Next Low | 67.75 |
| 2nd Low | 67.03 |
| 3rd Low | 66.98 |
68.98 – 68.87 – 69.2 – 67.75 – 68.35 – 67.03 —
68.020000000 – 68.570000000 —
37.813818298885 – 58.205688413104 —
– —
68.98000 – 1769266800
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Below The Stomach – – –