Sell LTC/USDT – 1H – SELL

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

A bearish descent downwards to the next support level at will persist.

Caution: A possible counter-trend in the direction of resistance at 57.42 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative chart scenario. The pair is likely to go down.

Then a ‘StochRSI %K line crosses below %D line’ indicator layout is existing. The indicator is ‘StochRSI %K line crosses below %D line’. which could be a negative chart scenario. The pair is likely to go down.

Support & Resistance Price Range*
3rd High 59
2nd High 58.71
Next High 57.42
Current Price 55.030000000
Next Low
2nd Low
3rd Low

57.42 – 56.61 – 55.27 – 53.91 – 54.7 – 55.24 —
54.580000000 – 55.060000000 —
37.481288397081 – 47.327951157701 —
– —
57.42 – 1776430800

Trading Signals:

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