LTC/USDT – 30M – SELL

Also there is a ‘Double bottom retreat down’ chart formation is found. The chart picture forms ‘Double bottom retreat down’. this is a bearish signal. The currency pair is likely to fall.

The pair Litecoin/Tether (LTC/USDT) goes from the bullish trendline downwards

The bearish trend downwards to the next support at 113.600000000 is expected.

Caution: A possible reversal of the trend in the direction of the resistance line at 114.890000000 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Bearish Engulfing’ candlestick chart pattern is existing. The chart shows ‘Bearish Engulfing’. this is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Engulfing’ heading down is 79%.

114.890000000 – 115.310000000 – 119.470000000 – 113.600000000 – 113.400000000 – 113.370000000 — 54.130951551852 – 49.768606995352

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Bearish Engulfing – Double bottom retreat down – –