LTC/USDT – 30M – SELL

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

A continuation of the bearish trend down to the next support at is expected.

Caution: A possible counter-trend in the direction of the resistance line at 120.810000000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish signal. The currency pair could go down.

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

120.810000000 – 123.270000000 – 133.990000000 – 116.550000000 – 119.260000000 – 128.900000000 — 48.361423756748 – 43.822982120773

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