Sell LTC/USDT – 30M – SELL

Then a ‘Rising Wedge Chart Pattern’ chart formation is found. The chart shows ‘Rising Wedge Chart Pattern’. which is a bearish chart scenario. The currency pair is likely to fall.

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

A bearish descent down to the next support level at 113.940000000 is expected.

Caution: A possible change in the direction of the resistance zone at 115.410000000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Three Black Crows’ candle pattern is discovered. The chart forms ‘Three Black Crows’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.

Support & Resistance Price Range*
3rd High 124.770000000
2nd High 116.270000000
Next High 115.410000000
Current Price 114.080000000
Next Low 113.940000000
2nd Low 111.500000000
3rd Low 111.230000000

115.410000000 – 113.360000000 – 115.120000000 – 113.940000000 – 111.500000000 – 111.230000000 — 50.865434907502 – 45.036505581078

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