LTC/USDT – 4H – SELL

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

A continuation of the downtrend down to the next support level at 52.36 will persist.

Caution: A possible change in the direction of resistance at 61.38 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative signal. The currency pair could go down.

And also a ‘Support Level’ indicator layout is discovered. The indicator shows ‘Support Level’. this is usually a bearish signal. The currency pair is likely to fall.

And also a ‘Three Outside Down’ candlestick pattern is detected. The chart forms ‘Three Outside Down’. which is a bearish signal. The pair is likely to go down. 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).

61.38 – 70.49 – 80.97 – 52.36 – 45.07 – 55 —
53.340000000 – 55.150000000 —
47.264909266058 – 59.834067692181 —
– —
61.38 – 1770148800

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three Outside Down – – –