Correction of the major bullish trend broke the Fibonacci 0.79-Level.Continuation of the current descending trend is expected. Target of the current trend is 46.3 at the Fibonacci level 1-Level. Caution: A possible reversal of the trend in the direction of the support level at 48.560000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Three Black Crows’ candlestick pattern is discovered. The candles show ‘Three Black Crows’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 52.78 |
| 2nd High | 52.76 |
| Next High | 48.560000000 |
| Current Price | 47.580000000 |
| Next Low | 46.3 |
| 2nd Low | 45.07 |
| 3rd Low |
48.560000000 – 52.76 – 52.78 – 46.3 – 50.1 – 51.39 —
48.560000000 – 48.030000000 —
48.850932686992 – 42.448883726538 —
48.560000000 – 1780470000 —
– 1780470000
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three Black Crows – – –