LTC/USDT – 30M – SELL

The pair Litecoin/Tether (LTC/USDT) jumps from the descending trendline down.

A continuation of the downtrend down to the next support at 118.360000000 is likely expected.

Caution: A possible change in the direction of the resistance level at 123.270000000 should be noted.
Consider stop-loss settings accordingly.

There is also a ‘Support Level’ indicator signal is discovered. The indicator is ‘Support Level’. which could be a negative chart scenario. The currency pair is likely to fall.

There is also a ‘Matching Low’ candle chart pattern is detected. The chart shows ‘Matching Low’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Matching Low’ going up is 61% (Bull & Bear Market).

123.270000000 – 133.990000000 – 134.190000000 – 119.260000000 – 128.900000000 – 128.580000000 — 32.381147509121 – 32.025027954601

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Matching Low – Double top chart pattern – –