LTC/USDT – 30M – SELL

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

A descent downwards to the next support line at 55.34 will persist.

Caution: A possible trend reversal in the direction of the resistance line at 56.61 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ” indicator layout is existing. The indicator shows ”. which could be a negative signal. The currency pair is likely to fall.

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Additionally a ‘StochRSI %K line crosses below %D line’ indicator layout is existing. The indicator shows ‘StochRSI %K line crosses below %D line’. which could be a negative signal. The currency pair is likely to fall.

Additionally a ‘Bearish Engulfing’ candle chart pattern is found. The chart forms ‘Bearish Engulfing’. 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 ‘Bearish Engulfing’ going down is 79%.

56.61 – 55.73 – 55.65 – 55.34 – 54.59 – 54.81 —
56.360000000 – 57.420000000 —
57.065588115357 – 71.765659323468 —
– —
56.61 – 1776364200

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