LTC/USDT – 1H – SELL

Then a ‘Rising Wedge Chart Pattern’ chart pattern is found. The formation shows ‘Rising Wedge Chart Pattern’. which is a bearish signal. The pair is likely to go down.

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

A bearish trend down to the next support at will persist.

Caution: A possible change in the direction of the resistance line at 84.57 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

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

Then a ‘Three Black Crows’ candlestick pattern is detected. The candles show ‘Three Black Crows’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.

84.57 – 83.68 – 78.55 – 81.44 – 76.08 – 77.62 — 42.095455934431 – 33.037670674698 — 31.339894019682 – 7.930860459248 – 54.35865085373 – 30.812515770881

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