Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend will persist. Current target is 116.87488 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the support line at 120.150000000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Three Black Crows’ candlestick pattern is existing. The chart shows ‘Three Black Crows’. which is a bearish pattern signal. The 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 | 127.210000000 |
2nd High | 125.340000000 |
Next High | 120.150000000 |
Current Price | 118.960000000 |
Next Low | 114.260000000 |
2nd Low | 106.010000000 |
3rd Low | 101.230000000 |
Download LTC/USDT Signal Image
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three Black Crows