LTC/USDT – 30M – SELL

Furthermore a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart signal. The pair is likely to go down.

Furthermore a ‘StochRSI %K falls below 0.8’ indicator layout is found. The indicator is ‘StochRSI %K falls below 0.8’. which could be a negative chart signal. The pair is likely to go down.

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 42.535 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the support line at 43.93 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘Matching Low’ candlestick pattern is found. The candles show ‘Matching Low’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Matching Low’ going up is 61% (Bull & Bear Market).

43.93 – 43.7 – 42.92 – 42.54 – 41.14 – 41.33 —
43.570000000 – 43.570000000 —
55.962335516047 – 50.679889023018 —
– —
43.93 – 1783000800

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