LTC/USDT – 30M – SELL

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

A descending movement downwards to the next support level at 108.890000000 is certain.

Caution: A possible change in the direction of the resistance level at 122.290000000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative chart scenario. The pair is likely to go down.

Besides a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. this is usually a bearish chart scenario. The pair is likely to go down.

Besides a ‘Bearish Belt Hold’ candle pattern is existing. The candles form ‘Bearish Belt Hold’. which is a negative pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Belt Hold’ going down is 68% (Bull Market) & 69% (Bear Market).

122.290000000 – 119.860000000 – 117.120000000 – 108.890000000 – 112.800000000 – 112.590000000

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Bearish Belt Hold – Double top retreat up –