LTC/USDT – 30M – SELL

The combination Litecoin/Tether (LTC/USDT) goes from the bearish trendline down.

A continuation of the downward movement down to the next support at is expected.

Caution: A possible trend reversal in the direction of resistance at 123.200000000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish signal. The pair is likely to go down.

And also a ‘Three Outside Down’ candlestick chart pattern is discovered. The candles form ‘Three Outside Down’. which is a negative signal. The currency 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).

123.200000000 – 120.810000000 – 123.270000000 – 117.140000000 – 116.550000000 – 119.260000000 — 51.077821033938 – 45.151545073891

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three Outside Down – – –