Sell LTC/USDT – 30M – SELL

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

A descent down to the next support line at 43.73 is considered certain.

Caution: A possible reversal of the trend in the direction of the resistance zone at 44.33 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘StochRSI %K line crosses below %D line’ indicator signal is existing. The indicator is ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart signal. The currency pair could go down.

There is also a ‘Bearish Engulfing’ candlestick pattern is found. The candles form ‘Bearish Engulfing’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Engulfing’ going down is 79%.

Support & Resistance Price Range*
3rd High 46.92
2nd High 44.69
Next High 44.33
Current Price 45.300000000
Next Low 43.73
2nd Low 43.56
3rd Low 43.02

44.33 – 44.69 – 44.14 – 43.73 – 43.9 – 43.56 —
44.270000000 – 45.400000000 —
56.85177707754 – 82.466394995285 —
– —
44.33 – 1781433000

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