LTC/USDT – 30M – BUYCorrection of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend will continue. Target of the current trend is 72.99712 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the resistance line at 73.960000000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Three White Soldiers’ chart pattern is found. The candles show ‘Three White Soldiers’. which is a positive pattern signal. The 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 | 74.620000000 |
| 2nd High | 74.380000000 |
| Next High | 73.960000000 |
| Current Price | 72.470000000 |
| Next Low | 71.080000000 |
| 2nd Low | 70.640000000 |
| 3rd Low | 70.170000000 |