LTC/USDT – 30M – SELL

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend will continue. Target of the current trend is 43.69 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support line at 44.33 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Bearish Belt Hold’ candle pattern is found. The candles show ‘Bearish Belt Hold’. which is a negative pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Belt Hold’ going down is 68% (Bull Market) & 69% (Bear Market).

44.33 – 44.69 – 44.14 – 43.9 – 43.56 – 43.02 —
44.120000000 – 44.100000000 —
43.979442174368 – 47.7825739428 —
– —
44.33 – 1781433000

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Bearish Belt Hold – – –