LTC/USDT – 30M – SELL

Additionally a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative chart scenario. The currency pair could go down.

Additionally a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. which is often a bearish signal. The currency pair is likely to fall.

Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is expected. Target of the current trend is 54.11504 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the support zone at 56.05 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘Three Outside Down’ candle pattern is detected. The chart shows ‘Three Outside Down’. which is a negative pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

56.05 – 57.23 – 57.66 – 55.03 – 55.73 – 54.3 —
55.590000000 – 55.460000000 —
46.792673072281 – 47.796509081901 —
– —
56.05 – 1772746200

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three Outside Down – Symmetrical Triangle Chart Pattern – –