Then a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative signal. The currency pair could go down.
Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is considered certain. Current target is 55.25788 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the support level at 56.66 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Then a ‘Matching Low’ candlestick pattern is detected. The candles show ‘Matching Low’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Matching Low’ going up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 58.71 |
| 2nd High | 57.42 |
| Next High | 56.66 |
| Current Price | 55.860000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
56.66 – 57.42 – 56.61 – 56.33 – 55.34 – 54.59 —
56.390000000 – 56.050000000 —
43.072364170992 – 42.206925496529 —
– —
56.66 – 1776497400
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Matching Low – – –