Buy LTC/USDT – 1H – BUY

Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 57.53084 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the resistance level at 61.38 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘Bearish Harami Cross’ candle chart pattern is detected. The chart forms ‘Bearish Harami Cross’. which is a negative pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish Harami Cross’ going down is 57% (Bull Market) & 56% (Bear Market).

Support & Resistance Price Range*
3rd High 70.49
2nd High 66.02
Next High 61.38
Current Price 54.380000000
Next Low 45.07
2nd Low
3rd Low

61.38 – 60.49 – 61.17 – 45.07 – 57.07 – 56.87 —
52.500000000 – 53.630000000 —
38.437261878922 – 53.153301924846 —
– —
61.38 – 1770148800

Trading Signals:

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