LTC/USDT – 30M – SELL

The currency pair Litecoin/Tether (LTC/USDT) goes from the ascending trendline down.

A bearish movement down to the next support line at 122.830000000 will continue.

Caution: A possible change in the direction of the resistance level at 125.900000000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. this is usually a bearish chart scenario. The currency pair is likely to fall.

Besides a ‘Three Outside Down’ candle pattern is discovered. The chart shows ‘Three Outside Down’. which is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

125.900000000 – 126.420000000 – 123.990000000 – 122.830000000 – 119.320000000 – 117.370000000 — 36.629108611342 – 31.518934986078

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three Outside Down – Double bottom retreat down – –