Also there is a ‘StochRSI %K line crosses above %D line’ indicator layout is existing. The indicator shows ‘StochRSI %K line crosses above %D line’. which could be a positive chart scenario. The pair is likely to go up.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend will continue. Target of the current trend is 42.42 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the resistance level at 42.42 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Bullish Belt Hold’ candle pattern is existing. The chart forms ‘Bullish Belt Hold’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 46.08 |
| 2nd High | 45.84 |
| Next High | 42.42 |
| Current Price | 42.100000000 |
| Next Low | 40.14 |
| 2nd Low | 40.03 |
| 3rd Low | 39.28 |
41.96 – 41.27 – 42 – 40.14 – 40.03 – 39.28 —
41.570000000 – 41.860000000 —
54.33015017014 – 57.877483248062 —
– —
41.96 – 1782459000
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Bullish Belt Hold – – –