LTC/USDT – 30M – SELL

Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart scenario. The currency pair could go down.

Besides a ‘MACD crosses below signal’ indicator layout is existing. The indicator is ‘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 0.5-Level.Continuation of the current descending trend is considered certain. Current target is 53.8666 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the support line at 54.69 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘Collapsing Doji Star’ candle chart pattern is discovered. The chart forms ‘Collapsing Doji Star’. which is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Collapsing Doji Star’ heading down is 63% (Bull Market).

54.69 – 55.28 – 55.18 – 53.8 – 53.95 – 53.54 —
54.440000000 – 54.320000000 —
48.97412011804 – 49.162935046359 —
– —
54.69 – 1773311400

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Collapsing Doji Star – Rising Wedge Chart Pattern – –