Sell LTC/USDT – 30M – SELL

The combination Litecoin/Tether (LTC/USDT) goes from the ascending trendline downwards

A descending movement downwards to the next support at 59.35 is certain.

Caution: A possible counter-trend in the direction of the resistance level at 60.49 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Support Level’ indicator layout is found. The indicator is ‘Support Level’. this is usually a bearish chart scenario. The currency pair could go down.

Also there is a ‘Three Black Crows’ candle pattern is existing. The chart shows ‘Three Black Crows’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.

Support & Resistance Price Range*
3rd High 66.02
2nd High 61.17
Next High 60.49
Current Price 57.030000000
Next Low 59.35
2nd Low 58.94
3rd Low 56.51

60.49 – 61.17 – 59.73 – 59.35 – 58.94 – 59.46 —
60.230000000 – 59.200000000 —
53.481657157231 – 29.85436068177 —
– —
60.49 – 1770107400

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