And also a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish chart signal. The currency pair could go down.
And also a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. this is usually a bearish signal. The pair is likely to go down.
Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is considered certain. Current target is 67.87 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the support level at 69.6 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Matching Low’ chart pattern is discovered. The candles form ‘Matching Low’. which is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Matching Low’ going up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 70.06 |
| 2nd High | 69.71 |
| Next High | 69.6 |
| Current Price | 68.710000000 |
| Next Low | 67.72 |
| 2nd Low | 67.06 |
| 3rd Low | 66.03 |
69.6 – 69.05 – 69.71 – 67.72 – 67.06 – 68 —
69.260000000 – 69.160000000 —
59.123315399412 – 51.090078090809 —
– —
69.60000 – 1769133600
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Matching Low – – –