Sell LTC/USDT – 30M – SELL

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is likely expected. Current target is 56.33 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of support at 57.9 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘Three Black Crows’ candlestick pattern is detected. The chart shows ‘Three Black Crows’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.

Support & Resistance Price Range*
3rd High 59
2nd High 58.71
Next High 57.9
Current Price 56.880000000
Next Low 56.17
2nd Low 54.76
3rd Low 54.35

57.9 – 55.92 – 56.43 – 56.17 – 54.76 – 54.95 —
56.920000000 – 57.390000000 —
52.270742011163 – 60.27504431843 —
– —
57.9 – 1778056200

Trading Signals:

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