LTC/USDT – 30M – SELL

The currency pair Litecoin/Tether (LTC/USDT) moves from the bearish trendline downwards

A continuation of the downtrend downwards to the next support level at 44.89 will persist.

Caution: A possible counter-trend in the direction of resistance at 46.07 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘StochRSI %K line crosses below %D line’ indicator layout is discovered. The indicator is ‘StochRSI %K line crosses below %D line’. which is often a bearish chart scenario. The currency pair could go down.

Moreover a ‘Bearish Belt Hold’ candlestick pattern is found. The candles form ‘Bearish Belt Hold’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Belt Hold’ going down is 68% (Bull Market) & 69% (Bear Market).

46.07 – 46.36 – 45.99 – 44.89 – 44.41 – 45.3 —
45.180000000 – 45.730000000 —
30.042305996137 – 59.07254709234 —
– —
46.07 – 1781647200

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Bearish Belt Hold – – –