LTC/USDT – 30M – SELL

Furthermore a ‘StochRSI %K line crosses below %D line’ indicator signal is detected. The indicator shows ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart scenario. The pair is likely to go down.

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is certain. Target of the current trend is 54.305 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of support at 55.18 should be noted.
Consider stop-loss settings accordingly.

Furthermore a ‘Three Outside Down’ candle chart pattern is found. The candles form ‘Three Outside Down’. which is a negative pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

55.18 – 54.12 – 55 – 53.54 – 53.43 – 53.64 —
55.130000000 – 55.000000000 —
62.607979224141 – 58.140067706252 —
– —
55.18 – 1773248400

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three Outside Down – Rising Wedge Chart Pattern – –