Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend will persist. Target of the current trend is 56.03588 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the resistance level at 55.92 could occur.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Northern Doji’ candlestick chart pattern is discovered. The candles form ‘Northern Doji’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 57.71 |
| 2nd High | 56.43 |
| Next High | 55.92 |
| Current Price | 55.710000000 |
| Next Low | 54.76 |
| 2nd Low | 54.35 |
| 3rd Low | 53.91 |
55.92 – 56.43 – 55.44 – 54.76 – 54.95 – 54.99 —
55.810000000 – 55.700000000 —
63.411057295413 – 54.631272819399 —
– —
55.92 – 1777987800
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Northern Doji – Symmetrical Triangle Chart Pattern – –