LTC/USDT – 30M – SELL

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

The bearish trend down to the next support line at 112.060000000 will continue.

Caution: A possible reversal of the trend in the direction of resistance at 117.120000000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish chart signal. The currency pair is likely to fall.

Also there is a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. which is often a bearish signal. The pair is likely to go down.

Also there is a ‘Bearish Belt Hold’ candle chart pattern is found. The candles form ‘Bearish Belt Hold’. this is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Belt Hold’ heading down is 68% (Bull Market) & 69% (Bear Market).

117.120000000 – 115.520000000 – 116.760000000 – 112.060000000 – 112.110000000 – 113.420000000 — 55.101942284744 – 50.964815665825

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Bearish Belt Hold – – –