And also a ” indicator signal is existing. The indicator is ”. which is often a bearish signal. The pair is likely to go down.
!
And also a ‘StochRSI %K line crosses below %D line’ indicator signal is existing. The indicator is ‘StochRSI %K line crosses below %D line’. which is often a bearish signal. The pair is likely to go down.
And also a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. which is often a bearish signal. The currency pair is likely to fall.
Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend will continue. Current target is 56.87 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the support level at 59.49 could happen.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Three Inside Down’ candlestick chart pattern is detected. The candles form ‘Three Inside Down’. which is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Inside Down’ heading down is 60% (Bull Market) & 63% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 61.38 |
| 2nd High | 60.99 |
| Next High | 59.49 |
| Current Price | 53.480000000 |
| Next Low | 55 |
| 2nd Low | 52.71 |
| 3rd Low |
59.49 – 60.99 – 61.38 – 57.07 – 56.87 – 59.35 —
58.090000000 – 56.690000000 —
35.107550268293 – 43.390699860719 —
– —
59.49 – 1770255000
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three Inside Down – Double top chart pattern – –