LTC/USDT – 30M – SELL

Besides a ‘Rising Wedge Chart Pattern’ chart formation is existing. The chart picture shows ‘Rising Wedge Chart Pattern’. this is a bearish signal. The pair is likely to go down.

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

A descending movement downwards to the next support at is likely expected.

Caution: A possible change in the direction of the resistance line at 113.71 could occur.
Consider stop-loss settings accordingly.

Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart scenario. The currency pair is likely to fall.

Besides a ‘%K crosses below %D’ indicator signal is discovered. The indicator shows ‘%K crosses below %D’. this is usually a bearish chart scenario. The currency pair is likely to fall.

Besides a ‘Three Outside Down’ candle pattern is discovered. The chart shows ‘Three Outside Down’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

113.71 – 110 – 109.94 – 98.8 – 98.02 – 98.14 — 43.618989010134 – 41.83239418408 — 44.399802636216 – 29.421301191231 – 32.92333356829 – 37.566081624022

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three Outside Down – Rising Wedge Chart Pattern – –