Sell LTC/USDT – 1H – SELL

The combination Litecoin/Tether (LTC/USDT) goes from the bullish trendline downwards

A bearish movement downwards to the next support line at will persist.

Caution: A possible trend reversal in the direction of the resistance level at 45.63 should be noted.
Consider stop-loss settings accordingly.

Furthermore a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative signal. The currency pair is likely to fall.

Furthermore a ‘StochRSI Hidden Bearish Divergence’ indicator signal is existing. The indicator is ‘StochRSI Hidden Bearish Divergence’. which could be a negative signal. The currency pair is likely to fall.

Furthermore a ‘Matching Low’ candle pattern is existing. The candles form ‘Matching Low’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Matching Low’ going up is 61% (Bull & Bear Market).

Support & Resistance Price Range*
3rd High 46.36
2nd High 46.15
Next High 45.63
Current Price 44.010000000
Next Low
2nd Low
3rd Low

45.63 – 46.15 – 45.71 – 43.76 – 44.01 – 43.96 —
44.220000000 – 44.780000000 —
36.209487731502 – 52.241527251797 —
– —
45.63 – 1783371600

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