LTC/USDT – 1H – SELL

And also a ‘Symmetrical Triangle Chart Pattern’ chart pattern is discovered. The chart shows ‘Symmetrical Triangle Chart Pattern’. which is a bearish chart scenario. The currency pair is likely to fall.

The combination Litecoin/Tether (LTC/USDT) moves from the descending trendline down.

A continuation of the downtrend down to the next support line at 118.250000000 is certain.

Caution: A possible reversal of the trend in the direction of the resistance level at 126.140000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘StochRSI fall below 80’ indicator signal is found. The indicator shows ‘StochRSI fall below 80’. which is often a bearish chart signal. The currency pair could go down.

And also a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. which is often a bearish chart scenario. The currency pair is likely to fall.

And also a ‘Three Outside Down’ candle chart pattern is discovered. The candles show ‘Three Outside Down’. which is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

126.140000000 – 126.350000000 – 126.420000000 – 122.070000000 – 118.250000000 – 119.320000000 — 49.289548651784 – 39.695599330817

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three Outside Down – Symmetrical Triangle Chart Pattern – –