LTC/USDT – 30M – SELL

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

A continuation of the downtrend down to the next support level at is certain.

Caution: A possible change in the direction of resistance at 84.120000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart scenario. The currency pair is likely to fall.

Then a ‘Three Outside Down’ candlestick chart pattern is existing. The candles form ‘Three Outside Down’. 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 chance of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

84.120000000 – 85.980000000 – 85.430000000 – 78.600000000 – 80.960000000 – 84.160000000

Trading Signals: FOREX – LTC – LTC/USDT – USDT – Three Outside Down