LTC/USDT – 1H – SELL

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

A bearish movement downwards to the next support line at 53.43 will persist.

Caution: A possible reversal of the trend in the direction of resistance at 55 could occur.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. which could be a negative chart scenario. The pair is likely to go down.

And also a ‘Two Crows’ candle pattern is discovered. The candles form ‘Two Crows’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

55 – 54.75 – 53.94 – 53.43 – 53.62 – 51.88 —
55.090000000 – 55.150000000 —
63.908731678162 – 64.576996124725 —
– —
55 – 1773154800

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