LTC/USDT – 4H – SELL

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

A descending movement down to the next support level at 42.99 will persist.

Caution: A possible counter-trend in the direction of the resistance level at 46.08 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

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

Then a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. which could be a negative chart signal. The currency pair could go down.

Then a ‘Three Outside Down’ chart pattern is detected. The candles form ‘Three Outside Down’. which is a negative pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

46.08 – 46.36 – 43.82 – 42.99 – 41.25 – 40.52 —
45.300000000 – 44.680000000 —
49.226658116163 – 49.145858257644 —
– —
46.08 – 1782043200

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three Outside Down – Symmetrical Triangle Chart Pattern – –