LTC/USDT – 1H – SELL

There is also a ‘Double top chart pattern’ chart formation is detected. The chart picture shows ‘Double top chart pattern’. which is a negative pattern signal. The currency pair is likely to go down.

The currency pair Litecoin/Tether (LTC/USDT) goes from the descending trendline downwards

A continuation of the bearish trend down to the next support level at 99.660000000 will continue.

Caution: A possible change in the direction of the resistance zone at 122.290000000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘RSI fall below 30’ indicator layout is discovered. The indicator shows ‘RSI fall below 30’. which could be a negative signal. The currency pair could go down.

There is also a ‘Tweezers Top’ candle chart pattern is found. The chart shows ‘Tweezers Top’. 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 success rate of a ‘Tweezers Top’ going down is 56% (Bull Market) & 55% (Bear Market).

122.290000000 – 122.000000000 – 112.390000000 – 112.590000000 – 114.000000000 – 99.660000000

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Tweezers Top – Double top chart pattern –