LTC/USDT – 1H – SELL

There is also a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. this is usually a bearish signal. 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 likely expected. Target of the current trend is 40.52 at the Fibonacci level 1-Level. Caution: A possible counter-trend in the direction of the support line at 43.46 should be noted.
Consider stop-loss settings accordingly.

There is also a ‘Two Crows’ candlestick pattern is existing. The chart shows ‘Two Crows’. which is a negative 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 ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

43.46 – 42.71 – 48.56 – 41.1 – 40.8 – 40.52 —
42.910000000 – 43.310000000 —
57.314477980802 – 58.653393676883 —
– —
43.46 – 1780869600

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Two Crows – – –