LTC/USDT – 1H – SELL

There is also a ‘Rising Wedge Chart Pattern’ chart pattern is discovered. The chart forms ‘Rising Wedge Chart Pattern’. which is a bearish pattern signal. The pair is likely to go down.

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

A descending movement down to the next support at 112.950000000 is certain.

Caution: A possible counter-trend in the direction of the resistance level at 120.830000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish chart signal. The currency pair is likely to fall.

There is also a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. which could be a negative chart signal. The currency pair is likely to fall.

Correction of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend is certain. Target of the current trend is 111.92462 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the support level at 120.830000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘Three Black Crows’ chart pattern is found. The chart shows ‘Three Black Crows’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.

120.830000000 – 116.960000000 – 118.730000000 – 112.950000000 – 111.900000000 – 111.230000000 — 29.490565176109 – 28.270394214238

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