LTC/USDT – 30M – SELL

And also a ‘Double bottom retreat down’ chart formation is found. The chart shows ‘Double bottom retreat down’. which is a bearish pattern signal. The currency pair is likely to go down.

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

A bearish movement down to the next support at 54.82 will persist.

Caution: A possible reversal of the trend in the direction of the resistance zone at 55.41 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘StochRSI %K line crosses below %D line’ indicator signal is detected. The indicator shows ‘StochRSI %K line crosses below %D line’. which could be a negative chart signal. The currency pair could go down.

And also a ‘MACD crosses below signal’ indicator signal is detected. The indicator shows ‘MACD crosses below signal’. which could be a negative chart signal. The currency pair could go down.

And also a ‘Collapsing Doji Star’ chart pattern is found. The chart forms ‘Collapsing Doji Star’. which is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Collapsing Doji Star’ going down is 63% (Bull Market).

55.41 – 55.47 – 52.83 – 54.82 – 52.71 – 51.42 —
55.120000000 – 55.600000000 —
57.073018937423 – 67.467038045752 —
– —
55.41 – 1771626600

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Collapsing Doji Star – Double bottom retreat down – –