LTC/USDT – 1H – SELL

The currency pair Litecoin/Tether (LTC/USDT) goes from the bearish trendline down.

A continuation of the downtrend down to the next support line at is considered certain.

Caution: A possible counter-trend in the direction of the resistance level at 69.2 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart signal. The currency pair could go down.

Additionally a ‘MACD crosses below signal’ indicator signal is discovered. The indicator shows ‘MACD crosses below signal’. this is usually a bearish chart signal. The currency pair could go down.

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 67.805 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support zone at 69.2 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

69.2 – 69.6 – 69.71 – 66.98 – 67.06 – 66.03 —
68.870000000 – 68.890000000 —
52.581001940024 – 58.264862442524 —
– —
69.20000 – 1769187600

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