LTC/USDT – 30M – SELL

There is also a ‘Head and Shoulder chart pattern’ chart pattern is existing. The chart picture forms ‘Head and Shoulder chart pattern’. which is a negative signal. The currency pair is likely to fall.

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

A bearish trend down to the next support at 112.170000000 will continue.

Caution: A possible reversal of the trend in the direction of the resistance level at 114.590000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘Hammer’ candlestick pattern is detected. The chart shows ‘Hammer’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Hammer’ going up is 60% (Bull Market) & 59% (Bear Market).

114.590000000 – 116.270000000 – 114.790000000 – 112.170000000 – 112.770000000 – 106.700000000 — 41.040766507787 – 41.552863315677

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Hammer – Head and Shoulder chart pattern – –