Sell LTC/USDT – 30M – SELL

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

A descending movement downwards to the next support line at 119.540000000 is likely expected.

Caution: A possible counter-trend in the direction of the resistance line at 129.160000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

In addition a ‘StochRSI fall below 80’ indicator layout is existing. The indicator is ‘StochRSI fall below 80’. which could be a negative chart scenario. The pair is likely to go down.

In addition a ‘Three Black Crows’ chart pattern is discovered. The candles show ‘Three Black Crows’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.

Support & Resistance Price Range*
3rd High
2nd High
Next High 129.160000000
Current Price 118.390000000
Next Low 119.540000000
2nd Low 103.160000000
3rd Low 99.660000000

129.160000000 – 110.460000000 – 111.420000000 – 119.540000000 – 103.160000000 – 105.200000000 — 49.060610020419 – 40.658027215033

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