LTC/USDT – 1H – SELL

The pair Litecoin/Tether (LTC/USDT) goes from the bullish trendline down.

A descent down to the next support line at is likely expected.

Caution: A possible counter-trend in the direction of the resistance zone at 86.77 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative signal. The currency pair is likely to fall.

Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 83.56744 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the support zone at 86.77 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

86.77 – 87.8 – 87.72 – 83.5 – 83.28 – 83.08 — 48.858220486741 – 45.801243675099 — 74.353898518244 – 73.932042609439 – 66.850553860319 – 72.573961407062

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