LTC/USDT – 4H – SELL

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

A descending movement downwards to the next support level at 91.200000000 is likely expected.

Caution: A possible change in the direction of the resistance level at 97.990000000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. this is usually a bearish chart scenario. The currency pair could go down.

Correction of the major bullish trend broke through the Fibonacci 0-Level.Continuation of the current descending trend is likely expected. Current target is 94.83428 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the support zone at 97.990000000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

97.990000000 – 98.320000000 – 92.290000000 – 91.200000000 – 85.160000000 – 84.750000000

Trading Signals: FOREX – LTC – LTC/USDT – USDT – – Double bottom chart pattern