Also there is a ‘StochRSI %K line crosses below %D line’ indicator layout is found. The indicator is ‘StochRSI %K line crosses below %D line’. this is usually a bearish signal. The currency pair could go down.
Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend will continue. Target of the current trend is 52.26152 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the support zone at 55.53 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Three Black Crows’ candlestick pattern is discovered. The chart forms ‘Three Black 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 likelyhood of ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 61.38 |
| 2nd High | 59 |
| Next High | 55.53 |
| Current Price | 53.680000000 |
| Next Low | 51.47 |
| 2nd Low | 50.18 |
| 3rd Low | 45.07 |
55.53 – 54.95 – 59 – 51.47 – 50.18 – 52.71 —
54.750000000 – 54.720000000 —
54.766757066873 – 51.751917566949 —
– —
55.53 – 1772330400
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern – –