LTC/USDT – 30M – SELL

The pair Litecoin/Tether (LTC/USDT) moves from the descending trendline down.

A continuation of the downward movement down to the next support level at 112.010000000 is likely expected.

Caution: A possible change in the direction of the resistance zone at 113.900000000 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. which is often a bearish chart signal. The pair is likely to go down.

Next a ‘Three Inside Down’ candle pattern is discovered. The chart forms ‘Three Inside Down’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Inside Down’ going down is 60% (Bull Market) & 63% (Bear Market).

113.900000000 – 116.380000000 – 115.000000000 – 112.010000000 – 109.330000000 – 108.180000000 — 58.176616812319 – 57.18396494727

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three Inside Down – Double bottom retreat down –