LTC/USDT – 30M – SELL

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

A bearish movement downwards to the next support line at 53.54 will continue.

Caution: A possible change in the direction of the resistance level at 55.18 should always be considered.
Consider stop-loss settings accordingly.

Next a ‘StochRSI %K line crosses below %D line’ indicator signal is existing. The indicator is ‘StochRSI %K line crosses below %D line’. which could be a negative chart signal. The pair is likely to go down.

Next a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. this is usually a bearish signal. The pair is likely to go down.

Correction of the major bearish trend halted around the Fibonacci 1-Level.Continuation of the current descending trend will continue. Target of the current trend is 54.8055 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the support zone at 55.18 should always be considered.
Consider stop-loss settings accordingly.

Next a ‘Two Crows’ candle pattern is found. The candles form ‘Two Crows’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

55.18 – 54.12 – 55 – 53.54 – 53.43 – 53.64 —
55.120000000 – 55.150000000 —
67.582168662474 – 64.911154402823 —
– —
55.18 – 1773248400

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