LTC/USDT – 1H – SELL

Next a ‘StochRSI %K line crosses below %D line’ indicator layout is discovered. The indicator shows ‘StochRSI %K line crosses below %D line’. which could be a negative signal. The currency pair could go down.

Next a ‘MACD crosses below signal’ indicator layout is discovered. The indicator shows ‘MACD crosses below signal’. which could be a negative signal. The currency pair could go down.

Next a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. this is usually 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 certain. Target of the current trend is 44.51 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support level at 46.1 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Three Black Crows’ candlestick pattern is detected. The candles show ‘Three Black Crows’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.

Support & Resistance Price Range*
3rd High 46.36
2nd High 46.15
Next High 46.1
Current Price 44.890000000
Next Low 44.35
2nd Low 42.92
3rd Low 41.14

45.42 – 46.1 – 45.5 – 44.35 – 42.92 – 44.33 —
45.360000000 – 45.730000000 —
56.20265549934 – 58.638219336391 —
– —
45.42 – 1784178000

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