LTC/USDT – 30M – SELL

Also there is a ‘Rising Wedge Chart Pattern’ chart layout is detected. The chart forms ‘Rising Wedge Chart Pattern’. which is a bearish chart scenario. The currency pair is likely to fall.

The combination Litecoin/Tether (LTC/USDT) jumps from the bullish trendline down.

The bearish trend down to the next support at 41.33 will continue.

Caution: A possible counter-trend in the direction of the resistance zone at 42.94 should always be considered.
Consider stop-loss settings accordingly.

Also there is a ‘Bearish Engulfing’ candlestick pattern is existing. The chart forms ‘Bearish Engulfing’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish Engulfing’ going down is 79%.

42.94 – 42.86 – 43.44 – 41.33 – 41.59 – 42.12 —
42.410000000 – 42.100000000 —
50.379136847402 – 37.782006614802 —
– —
42.94 – 1782876600

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Bearish Engulfing – Rising Wedge Chart Pattern – –