LTC/USDT – 30M – BUYCorrection of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend is considered certain. Current target is 54.96664 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the support line at 56.31 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Shooting Star’ candlestick chart pattern is discovered. The chart shows ‘Shooting Star’. which is a negative signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Shooting Star’ going down is 59% (Bull Market) & 60% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 58.71 |
| 2nd High | 56.35 |
| Next High | 56.31 |
| Current Price | 55.460000000 |
| Next Low | 55.17 |
| 2nd Low | 54.59 |
| 3rd Low | 54.37 |
56.31 – 55.95 – 56.35 – 55.17 – 54.59 – 54.84 —
55.680000000 – 55.710000000 —
40.818493086239 – 46.167259064558 —
– —
56.31 – 1773993600
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Shooting Star – – –