LTC/USDT – 30M – SELL

Additionally a ‘MACD crosses below signal’ indicator signal is detected. The indicator shows ‘MACD crosses below signal’. this is usually a bearish chart scenario. The currency pair could go down.

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend will persist. Current target is 52.965 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the support level at 54.05 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘Three Black Crows’ candle pattern is discovered. The candles show ‘Three Black Crows’. this is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.

54.05 – 53.44 – 53.94 – 51.88 – 52.2 – 52.65 —
53.860000000 – 53.840000000 —
57.645575250726 – 54.937248525991 —
– —
54.05 – 1773034200

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three Black Crows – – –