LTC/USDT – 1H – SELL

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

The bearish trend down to the next support level at 53.06 will continue.

Caution: A possible counter-trend in the direction of resistance at 54.41 could occur.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘Support Level’ indicator layout is found. The indicator is ‘Support Level’. this is usually a bearish chart signal. The currency pair is likely to fall.

There is also a ‘Matching Low’ chart pattern is found. The candles form ‘Matching Low’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Matching Low’ heading up is 61% (Bull & Bear Market).

54.41 – 54.93 – 55.18 – 53.06 – 52.22 – 53.64 —
54.140000000 – 54.020000000 —
56.07708265074 – 47.46679578623 —
– —
54.41 – 1774857600

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Matching Low – – –