LTC/USDT – 30M – SELL

Besides a ‘MACD crosses above signal’ indicator signal is found. The indicator is ‘MACD crosses above signal’. this is usually a bullish chart scenario. The currency pair is likely to rise.

Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend will persist. Current target is 53.237 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the support zone at 55.49 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘Bearish Harami’ candlestick pattern is detected. The chart forms ‘Bearish Harami’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Harami’ going down is 53% (Bull Market) & 50% (Bear Market).

55.49 – 55.72 – 54.39 – 53 – 52.95 – 52.47 —
54.180000000 – 53.530000000 —
39.768208046369 – 39.9482403783 —
– —
55.49 – 1772490600

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Bearish Harami – – –