LTC/USDT – 1H – SELL

There is also a ‘Double top chart pattern’ chart pattern is detected. The chart picture forms ‘Double top chart pattern’. which is a bearish chart scenario. The currency pair is likely to go down.

The combination Litecoin/Tether (LTC/USDT) jumps from the ascending trendline downwards

A bearish descent down to the next support line at will continue.

Caution: A possible trend reversal in the direction of resistance at 122.290000000 could occur.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart signal. The currency pair could go down.

There is also a ‘RSI fall below 30’ indicator layout is existing. The indicator shows ‘RSI fall below 30’. this is usually a bearish chart signal. The currency pair could go down.

There is also a ‘Three Black Crows’ candle pattern is existing. The candles show ‘Three Black Crows’. which is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.

122.290000000 – 122.000000000 – 112.390000000 – 112.590000000 – 114.000000000 – 99.660000000

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three Black Crows – Double top chart pattern –