There is also a ‘Support Level’ indicator layout is detected. The indicator shows ‘Support Level’. this is usually a bearish chart signal. The pair is likely to go down.
Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 42.99 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the support line at 45.84 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Two Crows’ candlestick chart pattern is detected. The chart shows ‘Two Crows’. this is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 46.36 |
| 2nd High | 46.08 |
| Next High | 45.84 |
| Current Price | 41.950000000 |
| Next Low | 42.99 |
| 2nd Low | 42.19 |
| 3rd Low | 41.91 |
45.84 – 46.08 – 44.59 – 44.39 – 43.77 – 42.99 —
44.390000000 – 43.530000000 —
29.107508438518 – 28.632769217563 —
– —
45.84 – 1782133200
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Two Crows – Symmetrical Triangle Chart Pattern – –