Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is expected. Current target is 45.4852 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the resistance level at 45.91 could happen.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Tweezers Bottom’ candle pattern is detected. The chart shows ‘Tweezers Bottom’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Tweezers Bottom’ heading up is 52% (Bull Market) & 56% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 46.15 |
| 2nd High | 46.1 |
| Next High | 45.91 |
| Current Price | 45.090000000 |
| Next Low | 44.11 |
| 2nd Low | 42.92 |
| 3rd Low | 42.54 |
45.91 – 45.38 – 45.34 – 44.11 – 44.79 – 44.35 —
45.070000000 – 45.300000000 —
54.637400109357 – 60.407892520757 —
– —
45.91 – 1784257200
Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Tweezers Bottom – – –