LTC/USDT – 30M – SELL

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

A continuation of the bearish trend down to the next support level at 114.220000000 is likely expected.

Caution: A possible reversal of the trend in the direction of resistance at 116.180000000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative signal. The pair is likely to go down.

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

Also there is a ‘Two Crows’ chart pattern is detected. The chart shows ‘Two Crows’. which is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

116.180000000 – 117.300000000 – 117.120000000 – 114.220000000 – 113.450000000 – 112.060000000 — 58.416121060501 – 54.884244192643

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Two Crows – – –