LTC/USDT – 30M – SELL

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

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

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

Also there is a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. which could be a negative chart signal. The currency pair is likely to fall.

Also there is a ‘Three Outside Down’ candlestick pattern is detected. The chart shows ‘Three Outside Down’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

98.320000000 – 96.580000000 – 88.280000000 – 92.460000000 – 92.670000000 – 94.520000000

Trading Signals: FOREX – LTC – LTC/USDT – USDT – Three Outside Down – Symmetrical Triangle Chart Pattern