LTC/USDT – 30M – SELL

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

A bearish trend down to the next support line at 53.2 is considered certain.

Caution: A possible reversal of the trend in the direction of the resistance level at 54.64 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish signal. The currency pair could go down.

Next a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. this is usually a bearish chart signal. The pair is likely to go down.

Next a ‘Three Black Crows’ chart pattern is detected. The chart forms ‘Three Black Crows’. which is a negative chart scenario. The currency 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%.

54.64 – 54.5 – 53.86 – 53.2 – 54 – 52.59 —
53.300000000 – 53.560000000 —
31.864469528901 – 45.510580043094 —
– —
54.64 – 1775466000

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Three Black Crows – Symmetrical Triangle Chart Pattern – –