LTC/USDT – 30M – SELL

The combination Litecoin/Tether (LTC/USDT) goes from the bearish trendline down.

A continuation of the bearish trend downwards to the next support level at 100.330000000 is likely expected.

Caution: A possible change in the direction of the resistance level at 127.210000000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘Evening Star’ candle pattern is discovered. The candles form ‘Evening Star’. this 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 ‘Evening Star’ going down is 72% (Bull & Bear Market).

Download LTC/USDT Signal Image

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Evening Star