LTC/USDT – 30M – SELL

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

A continuation of the downtrend downwards to the next support at 41.25 will persist.

Caution: A possible trend reversal in the direction of resistance at 43.11 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘Bearish Engulfing’ candlestick pattern is discovered. The chart shows ‘Bearish Engulfing’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Engulfing’ going down is 79%.

43.11 – 43.5 – 43.09 – 41.25 – 41.86 – 41.81 —
42.350000000 – 42.740000000 —
51.900799000459 – 58.929492398197 —
– —
43.11 – 1781098200

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Bearish Engulfing – – –