Furthermore a ‘StochRSI %K line crosses below %D line’ indicator signal is found. The indicator shows ‘StochRSI %K line crosses below %D line’. which could be a negative chart signal. The currency pair is likely to fall.
Correction of the major bullish trend broke through the Fibonacci 0.79-Level.Continuation of the current descending trend is expected. Current target is 46.3 at the Fibonacci level 1-Level. Caution: A possible reversal of the trend in the direction of the support level at 48.56 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Three Black Crows’ candlestick chart pattern is detected. The chart shows ‘Three Black Crows’. which is a negative pattern 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’ heading down is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 52.33 |
| 2nd High | 49.67 |
| Next High | 48.56 |
| Current Price | 47.240000000 |
| Next Low | 46.3 |
| 2nd Low | 45.07 |
| 3rd Low |
48.56 – 49.67 – 52.33 – 46.3 – 49.13 – 50.1 —
48.470000000 – 47.920000000 —
51.598467598397 – 44.39739568122 —
– —
48.56 – 1780470000
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three Black Crows – – –