LTC/USDT – 30M – SELL

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

A bearish movement downwards to the next support line at 122.070000000 will persist.

Caution: A possible reversal of the trend in the direction of the resistance zone at 127.330000000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘RSI cross above 30’ indicator signal is found. The indicator shows ‘RSI cross above 30’. which could be a negative signal. The pair is likely to go down.

In addition a ‘StochRSI fall below 80’ indicator signal is found. The indicator shows ‘StochRSI fall below 80’. which could be a negative signal. The pair is likely to go down.

In addition a ‘Resistance Level’ indicator layout is detected. The indicator is ‘Resistance Level’. which is often a bearish chart signal. The pair is likely to go down.

In addition a ‘Bearish Engulfing’ candle pattern is discovered. The candles form ‘Bearish Engulfing’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Engulfing’ going down is 79%.

127.330000000 – 126.140000000 – 123.880000000 – 122.070000000 – 118.250000000 – 120.100000000 — 63.718883875504 – 56.831721501753

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Bearish Engulfing – – –