LTC/USDT – 1H – SELL

Also there is a ‘Double top chart pattern’ chart formation is detected. The chart forms ‘Double top chart pattern’. which is a negative pattern signal. The currency pair is likely to fall.

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

A continuation of the downtrend downwards to the next support at 112.590000000 is likely expected.

Caution: A possible reversal of the trend in the direction of resistance at 122.290000000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is found. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish chart signal. The currency pair could go down.

Also there is a ‘RSI fall below 30’ indicator signal is found. The indicator is ‘RSI fall below 30’. this is usually a bearish chart signal. The currency pair could go down.

Also there is a ‘Support Level’ indicator layout is detected. The indicator shows ‘Support Level’. which could be a negative chart signal. The pair is likely to go down.

Also there is a ‘Three Black Crows’ candle pattern is found. The candles form ‘Three Black Crows’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.

122.290000000 – 122.000000000 – 112.390000000 – 112.590000000 – 114.000000000 – 99.660000000

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three Black Crows – Double top chart pattern –