LTC/USDT – 1H – SELL

Also there is a ‘Rising Wedge Chart Pattern’ chart layout is detected. The chart forms ‘Rising Wedge Chart Pattern’. which is a negative signal. The currency pair is likely to go down.

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

A descent downwards to the next support at 42.19 is considered certain.

Caution: A possible reversal of the trend in the direction of the resistance level at 48.56 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘MACD crosses below signal’ indicator signal is existing. The indicator is ‘MACD crosses below signal’. which could be a negative chart signal. The currency pair is likely to fall.

Also there is a ‘Shooting Star’ chart pattern is detected. The chart shows ‘Shooting Star’. 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 probability of ‘Shooting Star’ going down is 59% (Bull Market) & 60% (Bear Market).

43.54 – 42.95 – 42.92 – 42.19 – 41.91 – 41.25 —
43.920000000 – 44.510000000 —
60.575563943573 – 69.5255419446 —
– —
43.54 – 1781276400

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Shooting Star – Rising Wedge Chart Pattern – –