LTC/USDT – 4H – SELL

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

A continuation of the bearish trend down to the next support line at 72.64 is likely expected.

Caution: A possible change in the direction of the resistance line at 82.42 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. this is usually a bearish chart scenario. The currency pair is likely to fall.

Also there is a ‘Three Outside Down’ candle chart pattern is discovered. The candles show ‘Three Outside Down’. which is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

82.42 – 80.58 – 79.49 – 75.26 – 79.91 – 76.08 — 31.912769845916 – 31.183332424108 — 34.74688562719 – 21.841174969933 – 38.823591535654 – 32.046765724802

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three Outside Down – Double top chart pattern – –