LTC/USDT – 1H – SELL

Besides a ‘Rising Wedge Chart Pattern’ chart formation is discovered. The chart forms ‘Rising Wedge Chart Pattern’. which is a negative signal. The currency pair is likely to fall.

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

A descent downwards to the next support level at 82.16 will continue.

Caution: A possible reversal of the trend in the direction of resistance at 86.77 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish chart scenario. The pair is likely to go down.

Besides a ‘%K crosses below %D’ indicator layout is found. The indicator shows ‘%K crosses below %D’. which is often a bearish chart scenario. The pair is likely to go down.

Besides a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. which could be a negative chart scenario. The currency pair could go down.

Besides a ‘Three Black Crows’ candlestick pattern is discovered. The candles form ‘Three Black Crows’. this is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.

86.77 – 85.97 – 84.83 – 82.16 – 83.68 – 74.66 — 43.128171573306 – 32.415397224952 — 77.319845135506 – 45.264560176512 – 68.73024710951 – 65.810471393087

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern – –