LTC/USDT – 1H – SELL

Also there is a ‘Rising Wedge Chart Pattern’ chart layout is existing. The chart picture shows ‘Rising Wedge Chart Pattern’. which is a negative chart scenario. The currency pair is likely to go down.

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

A bearish descent down to the next support line at 85.160000000 is expected.

Caution: A possible trend reversal in the direction of the resistance level at 98.320000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish signal. The currency pair is likely to fall.

Also there is a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. this is usually a bearish chart signal. The currency pair is likely to fall.

Also there is a ‘Three Black Crows’ chart pattern is discovered. The candles show ‘Three Black Crows’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.

98.320000000 – 88.280000000 – 92.290000000 – 85.160000000 – 85.650000000 – 84.750000000

Trading Signals: FOREX – LTC – LTC/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern