LTC/USDT – 1H – BUY

And also a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. which could be a negative 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 will continue. Target of the current trend is 56.332 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of the support line at 56.76 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

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

56.76 – 56.27 – 56.55 – 55.77 – 55.75 – 54.9 —
56.410000000 – 56.760000000 —
56.767805129691 – 63.090743161989 —
– —
56.76 – 1777064400

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