LTC/USDT – 30M – SELL

Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend is expected. Target of the current trend is 53.175 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support line at 53.73 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Besides a ‘Two Crows’ candlestick chart pattern is existing. The chart forms ‘Two Crows’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

52.83 – 53.73 – 54.93 – 51.42 – 52.95 – 53.58 —
53.480000000 – 54.310000000 —
65.546244100039 – 78.076486466829 —
– —
52.83 – 1771525800

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Two Crows – Double bottom retreat down – –