LTC/USDT – 1H – SELL

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend will continue. Current target is 45.045 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the support line at 46.36 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘Three Outside Down’ candle chart pattern is discovered. The chart shows ‘Three Outside Down’. this is a bearish 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’ going down is 69% (Bull Market) & 70% (Bear Market).

46.36 – 46.29 – 44.69 – 44.41 – 45.3 – 44.77 —
45.870000000 – 45.910000000 —
55.98421300061 – 53.35978292702 —
– —
46.36 – 1781600400

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three Outside Down – Symmetrical Triangle Chart Pattern – –