LTC/USDT – 30M – SELL

The pair Litecoin/Tether (LTC/USDT) jumps from the descending trendline downwards

A continuation of the downward movement downwards to the next support line at 40.52 is considered certain.

Caution: A possible change in the direction of the resistance level at 42.42 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ” indicator layout is found. The indicator shows ”. which is often a bullish chart scenario. The currency pair is likely to rise.

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Besides a ‘StochRSI %K line crosses above %D line’ indicator layout is found. The indicator shows ‘StochRSI %K line crosses above %D line’. which is often a bullish chart scenario. The currency pair is likely to rise.

Besides a ‘Bearish Belt Hold’ candle pattern is existing. The chart forms ‘Bearish Belt Hold’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Belt Hold’ heading down is 68% (Bull Market) & 69% (Bear Market).

42.42 – 42.36 – 45.84 – 41.48 – 41.8 – 43.09 —
42.290000000 – 41.350000000 —
53.834932277656 – 22.744377330407 —
– —
42.42 – 1782300600

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Bearish Belt Hold – – –