LTC/USDT – 30M – SELL

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

A continuation of the bearish trend down to the next support line at 113.450000000 is likely expected.

Caution: A possible reversal of the trend in the direction of the resistance line at 116.180000000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish chart scenario. The pair is likely to go down.

Furthermore a ‘Support Level’ indicator layout is found. The indicator is ‘Support Level’. this is usually a bearish signal. The currency pair could go down.

Furthermore a ‘Two Crows’ candlestick chart pattern is discovered. The chart shows ‘Two Crows’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

116.180000000 – 117.300000000 – 117.120000000 – 113.450000000 – 112.060000000 – 112.110000000 — 52.832855811292 – 52.368634759669

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Two Crows – – –