LTC/USDT – 1H – SELL

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

A descent downwards to the next support line at 105.200000000 is likely expected.

Caution: A possible change in the direction of the resistance zone at 111.860000000 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘RSI fall below 30’ indicator layout is found. The indicator is ‘RSI fall below 30’. which could be a negative signal. The pair is likely to go down.

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

111.860000000 – 115.470000000 – 115.470000000 – 105.200000000 – 106.740000000 – 109.330000000 — 39.427739013787 – 38.749541157945

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Two Crows – Rising Wedge Chart Pattern –