LTC/USDT – 30M – SELL

The pair Litecoin/Tether (LTC/USDT) moves from the ascending trendline down.

A bearish movement down to the next support line at 94.520000000 will persist.

Caution: A possible counter-trend in the direction of the resistance zone at 97.680000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Bearish Belt Hold’ candle chart pattern is discovered. The chart shows ‘Bearish Belt Hold’. which is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Belt Hold’ going down is 68% (Bull Market) & 69% (Bear Market).

96.580000000 – 88.280000000 – 89.200000000 – 94.520000000 – 85.160000000 – 85.970000000

Trading Signals: FOREX – LTC – LTC/USDT – USDT – Bearish Belt Hold – Double bottom retreat down