Moreover a ‘StochRSI %K line crosses below %D line’ indicator signal is existing. The indicator is ‘StochRSI %K line crosses below %D line’. which is often a bearish chart scenario. The currency pair could go down.
Moreover a ‘StochOSC Hidden Bearish Divergence’ indicator signal is existing. The indicator is ‘StochOSC Hidden Bearish Divergence’. which is often a bearish chart scenario. The currency pair could go down.
Moreover a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. which is often a bearish chart signal. The currency pair is likely to fall.
Correction of the major bullish trend broke the Fibonacci 0.79-Level.Continuation of the current descending trend will persist. Current target is 52.95 at the Fibonacci level 1-Level. Caution: A possible trend reversal in the direction of support at 54.93 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Moreover a ‘Two Crows’ chart pattern is discovered. The chart forms ‘Two Crows’. 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 probability of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 55.88 |
| 2nd High | 55.85 |
| Next High | 54.93 |
| Current Price | 53.390000000 |
| Next Low | 52.95 |
| 2nd Low | 52.36 |
| 3rd Low | 51.51 |
54.93 – 54.77 – 55.85 – 52.95 – 53.58 – 53.17 —
53.190000000 – 53.660000000 —
32.938627421621 – 51.231324691406 —
– —
54.93 – 1771428600
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Two Crows – – –