LTC/USDT – 30M – SELL

Besides a ‘Rising Wedge Chart Pattern’ chart formation is detected. The chart shows ‘Rising Wedge Chart Pattern’. which is a negative chart scenario. The pair is likely to go down.

The pair Litecoin/Tether (LTC/USDT) goes from the bullish trendline down.

A descent downwards to the next support line at 128.900000000 is considered certain.

Caution: A possible trend reversal in the direction of the resistance line at 134.190000000 should be noted.
Consider stop-loss settings accordingly.

Besides a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. which could be a negative chart scenario. The currency pair is likely to fall.

Besides a ‘Three Outside Down’ candlestick pattern is existing. The candles show ‘Three Outside Down’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

134.190000000 – 131.990000000 – 121.520000000 – 128.900000000 – 128.580000000 – 118.360000000 — 46.708405552984 – 41.993391173518

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three Outside Down – Rising Wedge Chart Pattern – –