Sell LTC/USDT – 30M – SELL

And also a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish signal. The currency pair could 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 55.865 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the support line at 56.72 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Three Black Crows’ candlestick chart pattern is found. The candles show ‘Three Black Crows’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.

Support & Resistance Price Range*
3rd High 57.42
2nd High 56.76
Next High 56.72
Current Price 56.280000000
Next Low
2nd Low
3rd Low

56.72 – 56.76 – 56.27 – 56.34 – 55.75 – 55.12 —
56.400000000 – 56.530000000 —
46.001613882186 – 48.192347635334 —
– —
56.72 – 1777089600

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