LTC/USDT – 30M – SELL

The pair Litecoin/Tether (LTC/USDT) moves from the bearish trendline downwards

A continuation of the downward movement downwards to the next support level at is certain.

Caution: A possible counter-trend in the direction of the resistance zone at 66.47 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart signal. The pair is likely to go down.

Furthermore a ‘StochRSI %K line crosses below %D line’ indicator layout is detected. The indicator is ‘StochRSI %K line crosses below %D line’. which is often a bearish chart signal. The pair is likely to go down.

Furthermore a ‘On Neck’ candle chart pattern is detected. The chart shows ‘On Neck’. which is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘On Neck’ heading down is 56% (Bull Market) & 58% (Bear Market).

66.47 – 69.89 – 70 – 62.71 – 64.43 – 67.72 —
65.110000000 – 65.970000000 —
54.442541872714 – 58.588695329651 —
– —
66.47000 – 1769734800

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