LTC/USDT – 4H – SELL

Then a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is found. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish chart signal. The pair is likely to go down.

Then a ‘StochRSI %K falls below 0.8’ indicator signal is found. The indicator is ‘StochRSI %K falls below 0.8’. which is often a bearish chart signal. The pair is likely to go down.

Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is considered certain. Current target is 52.26152 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of support at 57.66 could occur.
Consider stop-loss settings accordingly.

Then a ‘On Neck’ candlestick chart pattern is discovered. The candles form ‘On Neck’. this is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘On Neck’ going down is 56% (Bull Market) & 58% (Bear Market).

57.66 – 55.72 – 59 – 51.47 – 50.18 – 51.42 —
56.870000000 – 55.750000000 —
55.874527237979 – 46.985712436961 —
– —
57.66 – 1772640000

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – On Neck – Symmetrical Triangle Chart Pattern – –