LTC/USDT – 30M – SELL

Besides a ‘Rising Wedge Chart Pattern’ chart pattern is found. The formation shows ‘Rising Wedge Chart Pattern’. which is a negative chart scenario. The currency pair is likely to go down.

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

The bearish trend down to the next support line at 113.940000000 is expected.

Caution: A possible change in the direction of the resistance line at 115.410000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. which is often a bearish chart signal. The currency pair is likely to fall.

Besides a ‘Two Crows’ candlestick chart pattern is detected. The chart forms ‘Two Crows’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ going 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 – –