LTC/USDT – 30M – SELL

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

A continuation of the bearish trend downwards to the next support at 115.190000000 will persist.

Caution: A possible change in the direction of the resistance level at 121.130000000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

In addition a ‘StochRSI cross above 20’ indicator signal is existing. The indicator shows ‘StochRSI cross above 20’. which could be a positive signal. The pair is likely to go up.

In addition a ‘Support Level’ indicator layout is detected. The indicator is ‘Support Level’. which could be a negative chart scenario. The pair is likely to go down.

In addition a ‘Three Outside Down’ candlestick pattern is detected. The chart shows ‘Three Outside Down’. this 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 probability of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

121.130000000 – 129.160000000 – 110.460000000 – 115.190000000 – 119.540000000 – 103.160000000 — 54.83374934097 – 47.107326386508

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