LTC/USDT – 30M – SELL

Also there is a ‘Double bottom retreat down’ chart pattern is detected. The chart picture shows ‘Double bottom retreat down’. which is a negative pattern signal. The currency pair is likely to fall.

The combination Litecoin/Tether (LTC/USDT) moves from the bullish trendline down.

A descent down to the next support level at 81.44 is certain.

Caution: A possible trend reversal in the direction of the resistance level at 83.68 could be enabled.
Consider stop-loss settings accordingly.

Also there is a ‘%K crosses below %D’ indicator signal is detected. The indicator shows ‘%K crosses below %D’. which is often a bearish signal. The pair is likely to go down.

Also there is a ‘Three Outside Down’ chart pattern is discovered. The candles show ‘Three Outside Down’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

83.68 – 83.17 – 80.56 – 81.44 – 81.65 – 79.04 — 56.534170570167 – 52.527024310872 — 55.135396592682 – 45.545550847458 – 52.48262665452 – 52.050579251395

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three Outside Down – Double bottom retreat down – –