LTC/USDT – 30M – SELL

Besides a ‘Double top chart pattern’ chart formation is detected. The chart picture forms ‘Double top chart pattern’. which is a negative pattern signal. The currency pair is likely to go down.

The combination Litecoin/Tether (LTC/USDT) goes from the descending trendline down.

A continuation of the downtrend downwards to the next support level at will persist.

Caution: A possible reversal of the trend in the direction of the resistance zone at 117.300000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is found. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish chart scenario. The currency pair is likely to fall.

Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend will persist. 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 zone at 117.300000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

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 – –