Correction 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 73.46448 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the resistance line at 71.27 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘Northern Doji’ candlestick pattern is found. The chart forms ‘Northern Doji’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 75.9 |
| 2nd High | 75.56 |
| Next High | 71.27 |
| Current Price | 71.050000000 |
| Next Low | 65.58 |
| 2nd Low | 52.71 |
| 3rd Low |
71.27 – 75.56 – 75.9 – 65.58 – 74.34 – 74.24 —
70.540000000 – 70.770000000 —
38.653115979783 – 48.631684040493 —
– —
71.27000 – 1768809600
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Northern Doji – – –