In addition a ‘Support Level’ indicator layout is detected. The indicator shows ‘Support Level’. which could be a negative chart scenario. The currency pair could go down.
Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend will persist. Current target is 44.35 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the support zone at 45.91 is also possible.
Consider stop-loss settings accordingly.
In addition a ‘Southern Doji’ candlestick chart pattern is existing. The chart forms ‘Southern Doji’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Southern Doji’ heading up is 51% (Bull Market) & 52% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 46.15 |
| 2nd High | 46.1 |
| Next High | 45.91 |
| Current Price | 44.330000000 |
| Next Low | 44.79 |
| 2nd Low | 44.35 |
| 3rd Low | 42.92 |
45.91 – 45.38 – 45.34 – 44.79 – 44.35 – 44.87 —
45.730000000 – 44.860000000 —
52.758213723182 – 41.370314044536 —
– —
45.91 – 1784257200
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Southern Doji – Rising Wedge Chart Pattern – –