Correction of the major bearish trend broke through the Fibonacci 0.79-Level.Continuation of the current ascending trend is likely expected. Current target is 55.28 at the Fibonacci level 1-Level. Caution: A possible trend reversal in the direction of the resistance level at 55.28 could occur.
Consider stop-loss settings accordingly.
Next a ‘Three White Soldiers’ candle chart pattern is detected. The candles show ‘Three White Soldiers’. this is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 59 |
| 2nd High | 57.66 |
| Next High | 55.28 |
| Current Price | 55.050000000 |
| Next Low | 53.8 |
| 2nd Low | 53.43 |
| 3rd Low | 51.88 |
55.28 – 55 – 54.75 – 53.8 – 53.43 – 53.62 —
54.490000000 – 54.530000000 —
48.893949635137 – 52.86774450811 —
– —
55.28 – 1773266400
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three White Soldiers – – –