LTC/USDT – 1H – SELL

The currency pair Litecoin/Tether (LTC/USDT) moves from the ascending trendline down.

A descent downwards to the next support level at 53.43 will continue.

Caution: A possible counter-trend in the direction of the resistance zone at 55 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘StochRSI %K line crosses below %D line’ indicator signal is found. The indicator is ‘StochRSI %K line crosses below %D line’. which could be a negative signal. The currency pair is likely to fall.

Then a ‘Two Crows’ candle pattern is existing. The chart forms ‘Two Crows’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

55 – 54.75 – 53.94 – 53.43 – 53.62 – 51.88 —
54.050000000 – 55.170000000 —
48.405070084316 – 66.123374658995 —
– —
55 – 1773154800

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Two Crows – – –