Then a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. which could be a positive chart scenario. The pair is likely to go up.
Correction of the major bearish trend broke the Fibonacci 0.79-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 56.55 at the Fibonacci level 1-Level. Caution: A possible trend reversal in the direction of the resistance line at 56.55 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Three White Soldiers’ candle pattern is found. The candles form ‘Three White Soldiers’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 58.71 |
| 2nd High | 57.42 |
| Next High | 56.55 |
| Current Price | 56.210000000 |
| Next Low | 54.9 |
| 2nd Low | 54.76 |
| 3rd Low | 54.67 |
56.55 – 56.48 – 55.88 – 54.9 – 54.76 – 54.67 —
55.740000000 – 55.970000000 —
55.150327849428 – 56.155240529792 —
– —
56.55 – 1776870000
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three White Soldiers – – –