LTC/USDT – 30M – SELL

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

A continuation of the downtrend downwards to the next support level at 114.720000000 is considered certain.

Caution: A possible counter-trend in the direction of the resistance line at 116.960000000 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Furthermore a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart signal. The currency pair is likely to fall.

Furthermore a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. which could be a negative signal. The currency pair is likely to fall.

Correction of the major bullish trend broke through the Fibonacci 0.5-Level.Continuation of the current descending trend is considered certain. Current target is 113.59742 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the support line at 116.960000000 could occur.
Please make appropriate stop-loss settings in the case of a trade.

116.960000000 – 117.680000000 – 117.800000000 – 114.720000000 – 112.950000000 – 115.920000000 — 45.559510757935 – 42.420340366963

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