LTC/USDT – 30M – SELL

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

A bearish movement downwards to the next support line at is likely expected.

Caution: A possible counter-trend in the direction of the resistance line at 55 could happen.
Consider stop-loss settings accordingly.

And also a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish chart signal. The currency pair could go down.

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

And also a ‘Three Outside Down’ candlestick chart pattern is discovered. The candles form ‘Three Outside Down’. which is a negative pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

55 – 54.56 – 54.69 – 53.43 – 53.64 – 53.79 —
54.040000000 – 54.120000000 —
49.570608419154 – 52.276705675633 —
– —
55 – 1773154800

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