LTC/USDT – 30M – SELL

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

A descending movement down to the next support level at 95.820000000 is likely expected.

Caution: A possible counter-trend in the direction of the resistance line at 98.950000000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. which could be a negative chart signal. The currency pair is likely to fall.

Next a ‘Three Inside Down’ candle chart pattern is existing. The chart shows ‘Three Inside Down’. this 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 ‘Three Inside Down’ heading down is 60% (Bull Market) & 63% (Bear Market).

97.260000000 – 96.090000000 – 97.990000000 – 95.820000000 – 95.100000000 – 91.650000000

Trading Signals: FOREX – LTC – LTC/USDT – USDT – Three Inside Down – Rising Wedge Chart Pattern