And also a ‘StochRSI %K line crosses below %D line’ indicator layout is discovered. The indicator is ‘StochRSI %K line crosses below %D line’. this is usually a bearish signal. The currency pair is likely to fall.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend will continue. Current target is 53.03 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the support line at 55.18 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Two Crows’ candle pattern is detected. The chart shows ‘Two Crows’. which is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 58.71 |
| 2nd High | 56.8 |
| Next High | 55.18 |
| Current Price | 53.760000000 |
| Next Low | 53.03 |
| 2nd Low | 51.88 |
| 3rd Low | 51.47 |
55.18 – 56.8 – 56.75 – 54.23 – 55.79 – 55.13 —
53.790000000 – 53.900000000 —
39.365819681772 – 47.163980269865 —
– —
55.18 – 1774587600
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Two Crows – – –