LTC/USDT – 30M – SELL

The pair Litecoin/Tether (LTC/USDT) moves from the bullish trendline downwards

The bearish trend downwards to the next support line at 102.030000000 is certain.

Caution: A possible reversal of the trend in the direction of the resistance level at 108.140000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Bearish Engulfing’ candle chart pattern is discovered. The candles show ‘Bearish Engulfing’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Engulfing’ going down is 79%.

Download LTC/USDT Signal Image

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