LTC/USDT – 30M – SELL

Correction of the major bullish trend halted around the Fibonacci 1-Level.Continuation of the current ascending trend is likely expected. Current target is 44.27146 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of resistance at 45.63 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Concealing Baby Swallow’ candlestick chart pattern is existing. The candles form ‘Concealing Baby Swallow’. which is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Concealing Baby Swallow’ going down is 75% (Bull Market).

45.63 – 46.15 – 45.71 – 43.84 – 43.76 – 44.01 —
44.340000000 – 44.500000000 —
53.267844995726 – 42.502911060719 —
– —
45.63 – 1783371600

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Concealing Baby Swallow – – –