LTC/USDT – 30M – SELL

Furthermore a ‘Rising Wedge Chart Pattern’ chart layout is found. The chart forms ‘Rising Wedge Chart Pattern’. which is a bearish pattern signal. The currency pair is likely to fall.

The currency pair Litecoin/Tether (LTC/USDT) jumps from the ascending trendline downwards

A bearish trend downwards to the next support level at 113.940000000 will persist.

Caution: A possible reversal of the trend in the direction of the resistance line at 115.410000000 could be enabled.
Consider stop-loss settings accordingly.

Furthermore a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. which is often a bearish chart signal. The pair is likely to go down.

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

115.410000000 – 113.360000000 – 115.120000000 – 113.940000000 – 111.500000000 – 111.230000000 — 54.318116820132 – 42.241773720663

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Two Crows – Rising Wedge Chart Pattern – –