LTC/USDT – 1H – SELL

Also there is a ‘StochRSI %K line crosses below %D line’ indicator layout is existing. The indicator shows ‘StochRSI %K line crosses below %D line’. which could be a negative signal. The currency pair is likely to fall.

Also there is a ‘Resistance Level’ indicator signal is found. The indicator shows ‘Resistance Level’. which could be a negative chart scenario. The pair is likely to go down.

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 55.23 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the support zone at 56.55 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Bearish Belt Hold’ candle pattern is found. The candles form ‘Bearish Belt Hold’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Belt Hold’ heading down is 68% (Bull Market) & 69% (Bear Market).

56.55 – 56.48 – 55.88 – 54.9 – 54.76 – 54.67 —
55.280000000 – 55.740000000 —
37.907770933699 – 55.150328108545 —
– —
56.55 – 1776870000

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