LTC/USDT – 1H – SELL

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

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

Caution: A possible change in the direction of the resistance line at 111.860000000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘RSI fall below 30’ indicator signal is existing. The indicator is ‘RSI fall below 30’. which is often a bearish chart scenario. The pair is likely to go down.

And also a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. which could be a negative signal. The currency pair could go down.

And also a ‘Matching Low’ candlestick chart pattern is found. The chart forms ‘Matching Low’. this is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Matching Low’ heading up is 61% (Bull & Bear Market).

111.860000000 – 115.470000000 – 115.470000000 – 105.200000000 – 106.740000000 – 109.330000000 — 29.453462399108 – 29.368449739149

Trading Signals: CRYPTO – LTC – LTC/USDT – USDT – Matching Low – Double top chart pattern –