LTC/USDT – 30M – SELL

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

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

Caution: A possible trend reversal in the direction of the resistance zone at 55.44 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish signal. The currency pair could go down.

And also a ‘StochRSI %K line crosses below %D line’ indicator signal is discovered. The indicator is ‘StochRSI %K line crosses below %D line’. this is usually a bearish signal. The currency pair could go down.

And also a ‘Bearish Engulfing’ candlestick chart pattern is found. The candles form ‘Bearish Engulfing’. 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 chance of ‘Bearish Engulfing’ heading down is 79%.

55.44 – 55.72 – 56.66 – 53.91 – 54.7 – 55.24 —
55.260000000 – 55.270000000 —
60.462297994315 – 56.955657725275 —
– —
55.44 – 1776668400

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