LTC/USDT – 30M – SELL

And also a ‘Rising Wedge Chart Pattern’ chart layout is found. The chart shows ‘Rising Wedge Chart Pattern’. this is a bearish chart scenario. The pair is likely to go down.

The combination Litecoin/Tether (LTC/USDT) moves from the bullish trendline down.

A descending movement downwards to the next support line at is expected.

Caution: A possible change in the direction of the resistance level at 122.290000000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart signal. The currency pair is likely to fall.

And also a ‘Last Engulfing Top’ candlestick chart pattern is existing. The candles show ‘Last Engulfing Top’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Last Engulfing Top’ going down is 68% (Bull Market) & 67% (Bear Market).

122.290000000 – 119.860000000 – 117.120000000 – 112.800000000 – 112.590000000 – 112.730000000

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