LTC/USDT – 1H – SELL

In addition a ‘StochRSI %K line crosses below %D line’ indicator signal is discovered. The indicator is ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart signal. The currency pair is likely to fall.

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 53.91972 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the support level at 56.8 could occur.
Please make appropriate stop-loss settings in the case of a trade.

In addition a ‘Three Black Crows’ candlestick pattern is found. The chart shows ‘Three Black Crows’. which 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 success rate of a ‘Three Black Crows’ going down is 82%.

56.8 – 56.75 – 56.02 – 55.79 – 55.13 – 53.03 —
55.300000000 – 55.000000000 —
28.665032869992 – 30.989710846171 —
– —
56.8 – 1774476000

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three Black Crows – – –