LTC/USDT – 30M – SELL

Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 52.26152 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of support at 59 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘Three Outside Down’ candlestick pattern is discovered. The candles show ‘Three Outside Down’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

59 – 52.97 – 51.85 – 55.65 – 56 – 51.03 —
54.990000000 – 54.540000000 —
32.722670753276 – 40.438646657904 —
– —
59 – 1772055000

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three Outside Down – – –