LTC/USDT – 4H – SELL

The combination Litecoin/Tether (LTC/USDT) goes from the bearish trendline downwards

A continuation of the downtrend down to the next support at 52.66 is expected.

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

There is also a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish chart signal. The currency pair is likely to fall.

There is also a ‘StochRSI %K line crosses below %D line’ indicator signal is existing. The indicator shows ‘StochRSI %K line crosses below %D line’. which is often a bearish chart signal. The currency pair is likely to fall.

There is also a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. this is usually a bearish signal. The pair is likely to go down.

There is also a ‘Two Crows’ chart pattern is discovered. The candles form ‘Two Crows’. 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 probability of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

57.42 – 55.71 – 55.74 – 52.66 – 52.91 – 52.59 —
56.620000000 – 55.720000000 —
54.427868839997 – 49.336243289326 —
– —
57.42 – 1776427200

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