LTC/USDT – 30M – SELL

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

A bearish trend down to the next support at 42.69 is expected.

Caution: A possible trend reversal in the direction of resistance at 43.54 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘StochRSI %K line crosses below %D line’ indicator layout is found. The indicator is ‘StochRSI %K line crosses below %D line’. which could be a negative chart scenario. The currency pair could go down.

Moreover a ‘Three Inside Down’ candlestick pattern is existing. The candles form ‘Three Inside Down’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Inside Down’ heading down is 60% (Bull Market) & 63% (Bear Market).

43.54 – 43.2 – 42.95 – 42.69 – 42.19 – 41.91 —
43.170000000 – 43.410000000 —
55.68088458128 – 60.011913981378 —
– —
43.54 – 1781276400

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three Inside Down – Rising Wedge Chart Pattern – –