LTC/USDT – 1H – SELL

Then a ‘Symmetrical Triangle Chart Pattern’ chart pattern is detected. The chart picture forms ‘Symmetrical Triangle Chart Pattern’. which is a negative pattern signal. The pair is likely to go down.

The combination Litecoin/Tether (LTC/USDT) moves from the descending trendline downwards

A continuation of the bearish trend down to the next support level at 118.250000000 is certain.

Caution: A possible change in the direction of the resistance line at 126.140000000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘StochRSI fall below 80’ indicator layout is found. The indicator shows ‘StochRSI fall below 80’. which could be a negative signal. The pair is likely to go down.

Then a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. which could be a negative signal. The currency pair could go down.

Then a ‘Three Outside Down’ chart pattern is detected. The chart shows ‘Three Outside Down’. 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 ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

126.140000000 – 126.350000000 – 126.420000000 – 122.070000000 – 118.250000000 – 119.320000000 — 49.289548651784 – 39.695599330817

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three Outside Down – Symmetrical Triangle Chart Pattern – –