LTC/USDT – 30M – SELL

In addition a ‘Support Level’ indicator signal is discovered. The indicator is ‘Support Level’. which could be a negative chart scenario. The currency pair is likely to fall.

Correction of the major bullish trend broke through the Fibonacci 0.79-Level.Continuation of the current descending trend is certain. Current target is 53.47 at the Fibonacci level 1-Level. Caution: A possible counter-trend in the direction of the support zone at 55.18 could occur.
Please make appropriate stop-loss settings in the case of a trade.

In addition a ‘Three Outside Down’ candlestick pattern is found. The chart forms ‘Three Outside Down’. which is a negative signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

55.18 – 56.8 – 56.73 – 53.47 – 54.23 – 55.79 —
54.050000000 – 54.250000000 —
36.914498015136 – 48.220023972396 —
– —
55.18 – 1774587600

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