LTC/USDT – 1H – SELL

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

A continuation of the downward movement down to the next support level at 119.320000000 is considered certain.

Caution: A possible change in the direction of the resistance zone at 126.420000000 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘RSI fall below 70’ indicator signal is discovered. The indicator shows ‘RSI fall below 70’. this is usually a bearish chart scenario. The currency pair could go down.

Also there is a ‘StochRSI fall below 80’ indicator signal is discovered. The indicator shows ‘StochRSI fall below 80’. this is usually a bearish chart scenario. The currency pair could go down.

Also there is a ‘Three Outside Down’ chart pattern is detected. The candles form ‘Three Outside Down’. which is a negative pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

126.420000000 – 124.390000000 – 129.160000000 – 119.320000000 – 117.370000000 – 115.190000000 — 57.581817092282 – 42.490149707373

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three Outside Down – Double top chart pattern – –