LTC/USDT – 1H – SELL

Then a ‘Rising Wedge Chart Pattern’ chart pattern is detected. The formation shows ‘Rising Wedge Chart Pattern’. this is a bearish pattern signal. The currency pair is likely to fall.

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

A bearish movement down to the next support line at 85.160000000 will persist.

Caution: A possible change in the direction of the resistance zone at 98.320000000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

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

Then a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. which is often a bearish chart scenario. The currency pair is likely to fall.

Then a ‘Three Black Crows’ candle chart pattern is detected. The candles form ‘Three Black Crows’. which is a bearish chart scenario. The currency pair is likely to fall. 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