Additionally a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is found. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive chart scenario. The currency pair could go up.
Correction of the major bearish trend broke the Fibonacci 0.5-Level.Continuation of the current ascending trend is considered certain. Current target is 54.8841 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of the resistance zone at 55.28 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Three Outside Up’ candle chart pattern is found. The chart shows ‘Three Outside Up’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 56.05 |
| 2nd High | 55.75 |
| Next High | 55.28 |
| Current Price | 54.550000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
55.28 – 55.18 – 54.12 – 53.95 – 53.54 – 53.43 —
54.130000000 – 54.390000000 —
37.535784668802 – 43.900712373688 —
– —
55.28 – 1773266400
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three Outside Up – – –