LTC/USDT – 1H – SELL

And also a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish chart scenario. The currency pair could go down.

And also a ‘StochRSI %K line crosses below %D line’ indicator signal is discovered. The indicator is ‘StochRSI %K line crosses below %D line’. which is often a bearish chart scenario. The currency pair could go down.

And also a ‘Support Level’ indicator layout is existing. The indicator is ‘Support Level’. this is usually a bearish signal. The pair is likely to go down.

Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 54.53304 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the support level at 56.55 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

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

56.55 – 56.48 – 55.88 – 54.76 – 54.67 – 53.91 —
56.220000000 – 55.950000000 —
56.323399575486 – 45.458459052093 —
– —
56.55 – 1776870000

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three Outside Down – – –