And also a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish chart scenario. The currency pair is likely to rise.
And also a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. which could be a positive chart scenario. The currency pair could go up.
Correction of the major bearish trend broke through the Fibonacci 0.5-Level.Continuation of the current ascending trend is likely expected. Current target is 57.22804 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the resistance level at 57.9 could happen.
Consider stop-loss settings accordingly.
And also a ‘Three Outside Up’ candle chart pattern is found. The chart shows ‘Three Outside Up’. this 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 ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 59 |
| 2nd High | 58.71 |
| Next High | 57.9 |
| Current Price | 56.520000000 |
| Next Low | 54.76 |
| 2nd Low | 54.35 |
| 3rd Low | 53.91 |
57.9 – 55.92 – 56.43 – 54.76 – 54.95 – 54.99 —
56.830000000 – 56.340000000 —
44.407321310782 – 35.816268470299 —
– —
57.9 – 1778056200
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three Outside Up – – –