LTC/USDT – 30M – SELL

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

A continuation of the downtrend down to the next support line at 109.290000000 is certain.

Caution: A possible reversal of the trend in the direction of the resistance level at 111.910000000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. which could be a negative chart signal. The pair is likely to go down.

Then a ‘Tweezers Top’ candlestick chart pattern is existing. The candles show ‘Tweezers Top’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Tweezers Top’ going down is 56% (Bull Market) & 55% (Bear Market).

111.910000000 – 110.790000000 – 111.270000000 – 109.290000000 – 108.300000000 – 108.630000000 — 63.3517034648 – 55.186714606499

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Tweezers Top – Inverse Head and Shoulder chart pattern – –