LTC/USDT – 1H – SELL

Also there is a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. which is often a bearish chart signal. The currency pair could go down.

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is considered certain. Current target is 42.535 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support level at 43.93 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Matching Low’ chart pattern is detected. The chart forms ‘Matching Low’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Matching Low’ heading up is 61% (Bull & Bear Market).

43.93 – 43.7 – 42.94 – 41.14 – 41.33 – 41.59 —
43.740000000 – 43.800000000 —
56.69806496706 – 57.99992673049 —
– —
43.93 – 1783000800

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Matching Low – Rising Wedge Chart Pattern – –