There is also a ‘Support Level’ indicator signal is detected. The indicator shows ‘Support Level’. which is often a bearish chart scenario. The currency pair could go down.
Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend will persist. Target of the current trend is 44.535 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the support level at 46.08 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Three Black Crows’ candlestick chart pattern is existing. The candles form ‘Three Black Crows’. this is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 48.56 |
| 2nd High | 46.36 |
| Next High | 46.08 |
| Current Price | 45.080000000 |
| Next Low | 44.39 |
| 2nd Low | 43.77 |
| 3rd Low | 42.99 |
46.08 – 44.59 – 44.04 – 44.39 – 43.77 – 42.99 —
45.160000000 – 45.720000000 —
52.114148379666 – 53.491079083195 —
– —
46.08 – 1782054000
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern – –