Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 57.53084 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the resistance level at 61.38 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Bearish Harami Cross’ candle chart pattern is detected. The chart forms ‘Bearish Harami Cross’. which is a negative pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish Harami Cross’ going down is 57% (Bull Market) & 56% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 70.49 |
| 2nd High | 66.02 |
| Next High | 61.38 |
| Current Price | 54.380000000 |
| Next Low | 45.07 |
| 2nd Low | |
| 3rd Low |
61.38 – 60.49 – 61.17 – 45.07 – 57.07 – 56.87 —
52.500000000 – 53.630000000 —
38.437261878922 – 53.153301924846 —
– —
61.38 – 1770148800
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Bearish Harami Cross – Double top retreat up – –