Sell LTC/USDT – 30M – SELL

Additionally a ‘StochRSI Bearish Divergence’ indicator layout is found. The indicator shows ‘StochRSI Bearish Divergence’. Dieses ist oftmals ein bearisches chart signal. Das Paar wird voraussichtlich nach unten gehen.

Additionally a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. which could be a negative chart signal. The currency pair is likely to fall.

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is expected. Current target is 42.46 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the support level at 43.09 is also possible.
Consider stop-loss settings accordingly.

Additionally a ‘Three Outside Down’ candle chart pattern is detected. The candles show ‘Three Outside Down’. which is a negative signal. The currency pair is likely to fall. 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).

Support & Resistance Price Range*
3rd High 46.92
2nd High 43.82
Next High 43.09
Current Price 42.990000000
Next Low 41.81
2nd Low 41.1
3rd Low 40.8

43.09 – 43.82 – 43.46 – 41.81 – 42.22 – 41.1 —
43.250000000 – 43.350000000 —
59.354769559245 – 59.854329259597 —
– —
43.09 – 1780983000

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