LTC/USDT – 30M – SELL

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

The bearish trend down to the next support level at 54.76 will persist.

Caution: A possible trend reversal in the direction of resistance at 55.88 is within the realm of possibility.
Consider stop-loss settings accordingly.

In addition a ‘StochRSI %K line crosses below %D line’ indicator signal is detected. The indicator is ‘StochRSI %K line crosses below %D line’. which is often a bearish chart scenario. The pair is likely to go down.

In addition a ‘Two Crows’ candlestick chart pattern is existing. The candles show ‘Two Crows’. which is a negative pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

55.88 – 55.4 – 55.44 – 54.76 – 54.67 – 54.64 —
55.140000000 – 56.050000000 —
48.080621721085 – 66.674254017497 —
– —
55.88 – 1776781800

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Two Crows – – –