LTC/USDT – 30M – SELL

Also there is a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative signal. The currency pair is likely to fall.

Also there is a ‘Support Level’ indicator layout is existing. The indicator is ‘Support Level’. which is often a bearish chart signal. The pair is likely to go down.

Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is considered certain. Current target is 44.35 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of support at 45.91 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Bearish Engulfing’ candlestick pattern is found. The chart shows ‘Bearish Engulfing’. 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 chance of ‘Bearish Engulfing’ going down is 79%.

45.91 – 45.38 – 45.34 – 44.79 – 44.35 – 44.87 —
44.970000000 – 44.650000000 —
47.29749204489 – 47.126454378778 —
– —
45.91 – 1784257200

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Bearish Engulfing – – –