LTC/USDT – 30M – SELL

Additionally a ‘Double top chart pattern’ chart pattern is discovered. The chart picture shows ‘Double top chart pattern’. which is a bearish pattern signal. The pair is likely to go down.

The pair Litecoin/Tether (LTC/USDT) jumps from the descending trendline downwards

A continuation of the downward movement downwards to the next support line at is expected.

Caution: A possible reversal of the trend in the direction of resistance at 117.300000000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish chart signal. The pair is likely to go down.

Correction of the major bullish trend broke through the Fibonacci 0.24-Level.Continuation of the current descending trend is expected. Target of the current trend is 114.68 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the support level at 117.300000000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

117.300000000 – 117.120000000 – 115.520000000 – 112.060000000 – 112.110000000 – 113.420000000 — 47.896286249605 – 44.931819389862

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