Then a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. this is usually a bullish chart scenario. The currency pair could go up.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is certain. Current target is 55.435 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the resistance level at 55.44 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Bullish Belt Hold’ candle chart pattern is found. The chart shows ‘Bullish Belt Hold’. which is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 56.03 |
| 2nd High | 55.71 |
| Next High | 55.44 |
| Current Price | 55.730000000 |
| Next Low | 54.84 |
| 2nd Low | 54.35 |
| 3rd Low | 53.91 |
55.44 – 55.71 – 56.03 – 54.84 – 55.05 – 55.13 —
55.620000000 – 55.210000000 —
62.761016008805 – 43.456871524355 —
– —
55.44 – 1777737600
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Bullish Belt Hold – – –