LTC/USDT – 30M – SELL

The pair Litecoin/Tether (LTC/USDT) goes from the descending trendline down.

A continuation of the downward movement downwards to the next support level at will continue.

Caution: A possible change in the direction of the resistance line at 44.33 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart signal. The pair is likely to go down.

Then a ‘Matching Low’ candlestick chart pattern is existing. The candles show ‘Matching Low’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Matching Low’ heading up is 61% (Bull & Bear Market).

44.33 – 44.69 – 44.14 – 43.9 – 43.56 – 43.02 —
44.010000000 – 44.210000000 —
44.309957127139 – 49.652382668487 —
– —
44.33 – 1781433000

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Matching Low – – –