Sell LTC/USDT – 1H – SELL

The pair Litecoin/Tether (LTC/USDT) goes from the bullish trendline downwards

A bearish trend downwards to the next support level at 54.95 is likely expected.

Caution: A possible reversal of the trend in the direction of the resistance zone at 56.43 could occur.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘StochRSI %K line crosses below %D line’ indicator signal is found. The indicator is ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart scenario. The currency pair is likely to fall.

Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 54.84 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the support level at 56.43 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Support & Resistance Price Range*
3rd High 58.71
2nd High 57.71
Next High 56.43
Current Price 54.960000000
Next Low 54.95
2nd Low 54.84
3rd Low 54.35

56.43 – 56.03 – 55.64 – 54.95 – 54.99 – 54.84 —
55.390000000 – 55.360000000 —
46.348042594053 – 46.071636728523 —
– —
56.43 – 1777867200

Trading Signals:

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