LTC/USDT – 30M – SELL

Moreover a ‘StochRSI %K line crosses below %D line’ indicator signal is found. The indicator shows ‘StochRSI %K line crosses below %D line’. which is often a bearish chart signal. The pair is likely to go down.

Moreover a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. which is often a bearish chart 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 is certain. Current target is 43.04994 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the support level at 43.54 should be noted.
Consider stop-loss settings accordingly.

Moreover a ‘Last Engulfing Top’ candlestick pattern is found. The candles show ‘Last Engulfing Top’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Last Engulfing Top’ heading down is 68% (Bull Market) & 67% (Bear Market).

43.54 – 43.2 – 42.95 – 42.69 – 42.19 – 41.91 —
43.080000000 – 43.420000000 —
49.31686854659 – 63.677104619106 —
– —
43.54 – 1781276400

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Last Engulfing Top – – –