LTC/USDT – 1H – SELL

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is likely expected. Current target is 56.95 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support line at 59.14 is also possible.
Consider stop-loss settings accordingly.

Then a ‘Three Black Crows’ candlestick pattern is found. The candles form ‘Three Black Crows’. 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 likelyhood of ‘Three Black Crows’ heading down is 82%.

59.14 – 57.4 – 57.9 – 56.05 – 56.17 – 54.76 —
58.770000000 – 58.350000000 —
65.770636659155 – 53.934996184086 —
– —
59.14 – 1778288400

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern – –