LTC/USDT – 30M – SELL

Furthermore a ‘Rising Wedge Chart Pattern’ chart formation is detected. The formation shows ‘Rising Wedge Chart Pattern’. which is a negative signal. The currency pair is likely to fall.

The combination Litecoin/Tether (LTC/USDT) moves from the ascending trendline down.

A bearish trend downwards to the next support line at 120.900000000 is likely expected.

Caution: A possible change in the direction of resistance at 126.350000000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘RSI fall below 70’ indicator signal is detected. The indicator shows ‘RSI fall below 70’. which is often a bearish chart signal. The currency pair could go down.

Furthermore a ‘StochRSI fall below 80’ indicator signal is detected. The indicator shows ‘StochRSI fall below 80’. which is often a bearish chart signal. The currency pair could go down.

Furthermore a ‘Three Black Crows’ chart pattern is existing. The candles show ‘Three Black Crows’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.

126.350000000 – 125.900000000 – 126.420000000 – 120.900000000 – 122.830000000 – 119.320000000 — 38.254830085179 – 34.370429295215

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