LTC/USDT – 30M – SELL

Next a ‘Rising Wedge Chart Pattern’ chart pattern is found. The chart picture forms ‘Rising Wedge Chart Pattern’. which is a bearish pattern signal. The pair is likely to go down.

The currency pair Litecoin/Tether (LTC/USDT) goes from the ascending trendline downwards

The bearish trend downwards to the next support level at 95.820000000 is certain.

Caution: A possible trend reversal in the direction of the resistance line at 99.960000000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Last Engulfing Top’ chart pattern is existing. The chart forms ‘Last Engulfing Top’. 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 likelyhood of ‘Last Engulfing Top’ heading down is 68% (Bull Market) & 67% (Bear Market).

99.960000000 – 97.260000000 – 96.090000000 – 95.820000000 – 95.100000000 – 91.650000000

Trading Signals: FOREX – LTC – LTC/USDT – USDT – Last Engulfing Top – Rising Wedge Chart Pattern