LTC/USDT – 4H – SELL

Also there is a ‘Rising Wedge Chart Pattern’ chart layout is discovered. The formation shows ‘Rising Wedge Chart Pattern’. which is a negative pattern signal. The currency pair is likely to go down.

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

A bearish movement downwards to the next support at 112.510000000 is certain.

Caution: A possible reversal of the trend in the direction of the resistance line at 123.660000000 is also possible.
Consider stop-loss settings accordingly.

Also there is a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish signal. The currency pair could go down.

Also there is a ‘Support Level’ indicator signal is detected. The indicator is ‘Support Level’. this is usually a bearish chart scenario. The currency pair could go down.

Also there is a ‘Three Black Crows’ candlestick pattern is discovered. The chart forms ‘Three Black Crows’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.

123.660000000 – 123.200000000 – 134.190000000 – 112.510000000 – 112.060000000 – 116.550000000 — 34.509764123114 – 31.698912313834

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern – –